What Is Bank Fraud? A Closer Look At Claims By Stormy Daniels' Lawyer Against Michael Cohen

05:21

May 10, 2018

In this Thursday, April 26, 2018, file photo, Michael Avenatti, Stormy Daniels' attorney, talks to reporters outside of federal court in New York. Avenatti says he has information showing that President Donald Trump’s longtime personal attorney, Michael Cohen, received $500,000 from a Russian billionaire within months of paying hush money to Daniels. (Seth Wenig/AP)

President Trump's personal lawyer, Michael Cohen, wants to know how the lawyer for adult film actress Stormy Daniels got access to some of his bank records. Michael Avenatti says the records show Cohen "likely" committed bank fraud — something federal prosecutors are expected to look into in the ongoing investigation into Cohen's business practices.

Cohen's lawyers sent a letter to a federal judge Wednesday, saying Avenatti's claims were inaccurate and that he may have obtained the records illegally.

Here & Now's Jeremy Hobson speaks with Alex Little (@AlexLittleTN), a former federal prosecutor, about what constitutes bank fraud.

This segment aired on May 10, 2018.

What Is Bank Fraud? A Closer Look At Claims By Stormy Daniels' Lawyer Against Michael Cohen

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