Michael Cohen expected to flip as attorneys leave case

Michael Cohen expected to flip as attorneys leave case

"These government tactics are also wrong because Mr. Cohen has cooperated completely with all government entities", Stephen Ryan said.

Cohen has not been charged with a crime, but the Federal Bureau of Investigation raid of his home, hotel room and office in early April revealed that prosecutors had zeroed in on his personal financial dealings, including the payment he made to porn star Stormy Daniels on Trump's behalf before the election.

Two days after the raids, Cohen told ABC News: "I just want my stuff back". "Now it may be happening", he said. He has repeatedly vowed not to turn on his longtime boss, President Trump. Those papers are expected to include Cohen's personal financial dealings, including a $130,000 payment made to porn star Stormy Daniels on Trump's behalf before the 2016 election.

"He could be extremely valuable", said Matthew G. Olsen, a former federal prosecutor and ABC News contributor.

It's unclear if who will represent Cohen moving forward.

He added that despite earlier reports, he talked to Cohen and doesn't think he will flip.

"They are often recommended by the USA attorneys office to clients who want to make a deal", he said. "So it's entirely likely they pulled out of representing him and told him to find a new defense lawyer who will work with him to strike a deal".

If Cohen agrees to cooperate, it would be part of what's known as a global resolution.

Donald Trump
Trump has worked with Cohen for years. Leon Neal Getty Images

Cohen then went to federal court in Manhattan arguing that his attorneys should be given a first look at the materials seized in the raids for items potentially covered by attorney-client privilege before federal prosecutors could examine the haul.

Cohen has been referred to at different times as Trump's fixer, pit bull, and consigliere. When asked as to whether Cohen was sending a smoke signal to Trump for a potential pardon, Haberman decisively responded, "No".

The investigation into Cohen is separate from special counsel Robert Mueller's investigation into possible collusion between Russian Federation and the 2016 Trump campaign. But not good news for Team Trump.

"Now it may be happening", Whiting said.

Cohen has worked for Trump in various capacities since 2011.

President Trump also lashed out in a tweet, writing, "Attorney-client privilege is dead!"

If prosecutors decide the information they're getting is valuable enough, they agree to a plea deal with a defendant.

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