Former US President Donald Trump has been formally charged with multiple felony counts in an unprecedented development that marks a significant escalation of the ongoing investigation into his business dealings and alleged financial improprieties.
Unsealed Tuesday, the indictment comprises 34 felony counts, signaling a stark shift from the standard grand jury process. This extraordinary move is seen as a major step forward for prosecutors seeking to hold Trump accountable for his actions, according to sources familiar with the case.
The charges stem from an alleged hush money payment made by Trump's former lawyer Michael Cohen to adult film actress Stormy Daniels in 2016, just days before the presidential election. The case revolves around allegations of campaign finance law violations and racketeering conspiracy.
According to documents released Tuesday as part of the indictment, prosecutors claim that Trump was involved in a scheme to silence Daniels and prevent her from speaking publicly about an alleged affair with the then-candidate. The payment, totaling $130,000, was made via Cohen's shell company, Essential Consultants Inc., which also funneled millions of dollars into Trump's personal bank account.
The indictment paints a picture of Trump's involvement in the scheme, stating that he repeatedly directed Cohen to make payments to Daniels in order to keep her quiet. Prosecutors have alleged that this coordinated effort constitutes campaign finance law violations and racketeering conspiracy charges.
While details about the evidence presented in court remain scarce, sources familiar with the case suggest that prosecutors are preparing for a potential trial, which could draw national attention and potentially influence the 2024 presidential election.
As investigations continue to unfold, Trump's representatives have released statements denying any wrongdoing and portraying the charges as an attempt by "Deep State" actors to undermine his presidency.
Unsealed Tuesday, the indictment comprises 34 felony counts, signaling a stark shift from the standard grand jury process. This extraordinary move is seen as a major step forward for prosecutors seeking to hold Trump accountable for his actions, according to sources familiar with the case.
The charges stem from an alleged hush money payment made by Trump's former lawyer Michael Cohen to adult film actress Stormy Daniels in 2016, just days before the presidential election. The case revolves around allegations of campaign finance law violations and racketeering conspiracy.
According to documents released Tuesday as part of the indictment, prosecutors claim that Trump was involved in a scheme to silence Daniels and prevent her from speaking publicly about an alleged affair with the then-candidate. The payment, totaling $130,000, was made via Cohen's shell company, Essential Consultants Inc., which also funneled millions of dollars into Trump's personal bank account.
The indictment paints a picture of Trump's involvement in the scheme, stating that he repeatedly directed Cohen to make payments to Daniels in order to keep her quiet. Prosecutors have alleged that this coordinated effort constitutes campaign finance law violations and racketeering conspiracy charges.
While details about the evidence presented in court remain scarce, sources familiar with the case suggest that prosecutors are preparing for a potential trial, which could draw national attention and potentially influence the 2024 presidential election.
As investigations continue to unfold, Trump's representatives have released statements denying any wrongdoing and portraying the charges as an attempt by "Deep State" actors to undermine his presidency.