Cohen arranged $1.6 million settlement for Republican fundraiser

Cohen arranged $1.6 million settlement for Republican fundraiser 1

He did it again, but not for Trump.

President Trump’s personal lawyer Michael Cohen arranged a $ 1.6 million payment for a Trump-linked Republican fundraiser facing allegations that he impregnated a former Playboy model.

The settlement was reached on behalf of Elliott Broidy in late 2017 to silence the unnamed woman, according to The Wall Street Journal

Broidy, a deputy finance chairman of the Republican National Committee and Los Angeles-based venture capitalist, announcd his resignation from the RNC Friday after the report surfaced. 

The deal, negotiated to prevent the former playmate from publicly discussing the alleged affair, stipulated that the agreed upon sum was to be paid over a two-year period. The first installment was due on Dec. 1, a source familiar with the deal said, according to the report.

Broidy admitted to having a relationship with the mystery woman while he was married.

“I acknowledge I had a consensual relationship with a Playboy Playmate,” Broidy said in a statement to the Journal. “At the end of our relationship, this woman shared with me that she was pregnant. She alone decided that she did not want to continue with the pregnancy and I offered to help her financially during this difficult period,” he said.

The revelation shines an even brighter light on Cohen, who is already under pressure after his office was raided by investigators seeking records related to payments to two women who claim they had sexual relationships with Trump. Investigators also searched for evidence of bank fraud and more.

Cohen’s lawyer, Stephen Ryan, called the raids “completely inappropriate and unnecessary.” Trump weighed in to accuse prosecutors of a “witch hunt.”

Broidy has reportedly met with the President since his inauguration, visiting him at the White House and at Trump’s Palm Beach resort, Mar-a-Lago.

The newly disclosed agreement is similar to the October 2016 deal in which Cohen paid adult-film actress Stormy Daniels $ 130,000 in exchange for her silence about an alleged 2006 affair with Trump, a source familiar with the agreement told The Wall Street Journal.

Both The White House and Cohen have denied that Trump had an affair with Daniels, whose real name is Stephanie Clifford.

Clifford’s lawyer, Michael Avenatti seeks to nullify the agreement, arguing that it is invalid because it does not bear Trump’s signature.

Avenatti tweeted about the new disclosure Thursday.

“In last 18 mos, Mr. Cohen negotiated yet another hush NDA, this time on behalf of a prominent GOP donor who had a relationship with a LA woman, impregnated her and then made sure she had an abortion. The deal provided for multiple payments across many months. #basta.”

On Friday he claimed he had been the first to report the story.

“I tweeted the facts on this last night. Always good to be proven correct. But attribution would have been nice,” he said.

Cohen referred to Broidy as David Dennison and the playmate as Peggy Peterson—the same pseudonyms used in the Clifford agreement.

Both agreements had side letters identifying the parties by their real names, according to the report.

Keith Davidson represented the woman who alleges she had a sexual relationship with Broidy.

Davidson also negotiated Clifford’s deal with Cohen, as well as a $ 150,000 payment for former Playboy model Karen McDougal from American Media Inc., the publisher of the National Enquirer.

The Enquirer purchased the rights to McDougal’s story which it never ran, in a maneuver known as “catch and kill.”

The White House has also denied Trump had a relationship with McDougal.

Broidy’s alleged mistress claims she was paid for an exclusive sexual relationship with him over the span of a couple years, according to a source familiar with the deal.

She reportedly informed Broidy that she chose to abort the pregnancy.

Broidy issued a statement apologizing to his family.

“It is unfortunate that this personal matter between two consenting adults is the subject of national discussion just because of Michael Cohen’s involvement,” his statement said. “Mr. Cohen reached out to me after being contacted by this woman’s attorney, Keith Davidson. Although I had not previously hired Mr. Cohen, I retained Mr. Cohen after he informed me about his prior relationship with Mr. Davidson.”

Broidy contributed more than $ 160,000 to the Republican National Committee last year.

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