How Michael Cohen Says Trump Cheated on His Net Worth
President Trump's former fixer and lawyer Michael Cohen accuses Trump of being a "cheat" -- inflating and deflating his net worth to suit his needs. "It was my experience that Mr. Trump inflated his total assets when it served his purposes, such as trying to be listed among the wealthiest people in Forbes, and deflated his assets to reduce his real estate taxes," Cohen says in the prepared testimony.