So, how many little Laundromat LLCs did Cohen have set up?

[MineralMan]

Just that one? I'm guessing not. If you have tons and tons of money that needs laundering, you're going to need lots of washing machines. Setting up an LLC is no big deal, so, let's hunt for others set up by Cohen or by other LLCs he had. A broader search would probably turn up many more millions of sparkling clean money that moved from one place to another.

Do tell, Mr. Cohen. It'll go much easier on you if you just 'fess up, you know...

[rzemanfl]

1. You know that saying "do tell" is a sign of being wypipo. Right?

[MineralMan]

4. Well, I'm as pale as the belly of a fish, so I suppose I can use that phrase.

I'd get a tan, but my doctor says to stay out of the sun unless I'm protected by a hat or SPF 50 sun screen.

[rzemanfl]

7. I have a tan. It's sort of required where I swim. n/t

[The Velveteen Ocelot]

2. Betcha Bob Mueller has already found them.

[MineralMan]

5. Ya think? I'm sure that's some of the info that led to that

raid on his offices. Cohen's been drenched in flop sweat ever since.

[C_U_L8R]

3. And Cohen isn't Trump's only lawyer !

We've likely seen the just the tip of Trump's corruption mountain.

[dalton99a]

12. Yep. More to come

[manor321]

6. Sure

I'm sure there was only this one, we know all the payments and nothing shady happened.

[shraby]

8. You beat me to it. I was going to ask how many LLCs did the bagman create?

You're right, they needed to make the amounts more manageable. Maybe one for the congress, one for faux gnus, one for...ad infinitum. Maybe they have tell-tale titles so their minds can keep them straight.

[MineralMan]

9. It's the old shell company game.

https://www.democraticunderground.com/100210594718

[kentuck]

10. Here you go! Solve this puzzle!

http://online.wsj.com/public/resources/documents/TrumpFinancialDisclosure20150722.pdf

[MineralMan]

11. I have zero financial accounting skills. I can't help with that.

[hughee99]

13. Is that what people use LLC's for? To launder or hide the source of money? n/t

[MineralMan]

16. Well, most people use them as a way to do business.

Like a corporation, they help keep your personal wealth safe in case of lawsuits.

However, they're very useful if you want to move money from one entity to another to remove information about its origins. If you have several LLCs, you can shuffle money around and completely disguise it over time.

[hughee99]

17. Thanks.

I'm not a lawyer or an accountant, but the most recent article I had read on this suggested that they were a commonplace way of doing business. Reading the comments here, though, it seems like the mere existence of the LLC suggests some nefarious intent. I was concerned that what I had read had been perhaps misleading.

[Brother Buzz]

14. There's one burner phone for every LLC.

Simple, no?

[woodsprite]

15. Some interesting docs I found when poking around.

They may have already been linked someplace on DU, but I thought there might be some gems contained that may need further poking.

1) 5/7/09 - 806 Acquistion LLC CA SOS Registration
https://www.documentcloud.org/documents/4404656-5-7-09-806-Acquisition-LLC-CA-SOS-Registration.html

2) MICHAEL D. COHEN ASSOCIATES, P.C
https://www.documentcloud.org/documents/4435263-Michael-D-Cohen-Associates-P-C.html#search/p1/MICHAEL%20D.%20COHEN

3) 502 Park Ave Mortgage Paperwork
https://www.documentcloud.org/documents/4454091-2018042500210001-amp-Page-1-36.html#search/p2/MICHAEL%20D.%20COHEN

4) Avenatti's Exec Summary of Michael Dean Cohen (Project Sunlight)
https://www.documentcloud.org/documents/4454490-Executive-Summary.html#search/p5/Michael%20D.%20Cohen

5) FinCEN FOIA Log (FY 2017)
https://www.documentcloud.org/documents/4344837-FinCEN-FOIA-Log-FY-2017.html#search/p6/Michael%20D.%20Cohen