Bank flagged Trump lawyer's payment to porn star as suspicious: report

Bank flagged Trump lawyer's payment to porn star as suspicious: report

President TrumpDonald John TrumpSasse: Trump shouldn't dignify Putin with Helsinki summit Top LGBT group projects message onto Presidential Palace in Helsinki ahead of Trump-Putin summit Hillary Clinton to Trump ahead of Putin summit: 'Do you know which team you play for?' MORE’s lawyer’s $130,000 wire payment to adult film star Stormy Daniels shortly before the 2016 election was flagged as suspicious by his bank and reported to the Treasury Department, The Wall Street Journal reported Monday

First Republic Bank flagged the transaction after Michael Cohen wired money to Daniels, whose real name is Stephanie Clifford, as part of a reported nondisclosure agreement regarding her alleged affair with Trump years earlier.

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Cohen last month acknowledged that he made the payment, and denied it violated any campaign finance laws.

Cohen was allegedly working to secure a deal with Clifford’s representatives in October 2016, but was unable to make contact with Trump about the payment. As a result, he used his own funds to wire money to Clifford’s lawyer. 

City National Bank, which is the institution that received the payment, reportedly launched an internal inquiry of its own about the transaction roughly a year after it was made. 

Cohen told the newspaper that the report was “Fake News.”

Neither Cohen’s bank nor Clifford’s lawyer’s bank commented to The Wall Street Journal.

Daniels previously gave an interview to InTouch magazine about the alleged affair, but has not spoken publicly about it since Cohen's payment was first reported.

A manager for Daniels said last month that the actress now believes Cohen’s comments about the payment have broken the nondisclosure agreement, leaving her free to talk.