Donald Trump refused to pay a tech company that helped boost his position on a CNBC poll about the most famous businessmen in the last century because he only finished in ninth place, Michael Cohen testified.
"Mr. Trump’s name was on that list. And in the beginning of this poll, he was polling toward the very, very bottom and it upset him," Cohen testified.
Cohen said he called up Red Finch, a technology company, to assist in the CNBC poll to create an algorithm that would help Trump "rise, rise significantly in this poll." The scheme would have Red Finch acquire IP addresses to boost Trump's polling position.
Cohen said Trump gave him his permission to go ahead with Red Finch, but Trump ultimately finished ninth in the poll.
"He refused to make a payment," Cohen said about Trump, citing where Trump finished.
Red Finch was ultimately owed $50,000. Cohen paid the company $20,000 and pocketed the remaining $30,000 because Trump stiffed him on his holiday bonus, he testified.
Am I reading this correctly? Red Finch was due $50k. Trump set aside $50k to pay them and put Cohen in charge of paying it. But instead of giving them the entire $50k, Cohen gave them only $20k and pocketed the remainder? That's called 'embezzlement'.