WSJ: Cohen paid porn star through private LLC created just weeks before election

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Washington (CNN)Just weeks prior to the 2016 governmental election, President Donald Trump's legal representative formed a personal LLC to pay a previous pornography star in exchange for not speaking openly about a supposed sexual encounter with the then-candidate, The Wall Street Journal reported Thursday.

The business, Essential Consultants LLC, was apparently produced in Delaware-- which uses a greater requirement of personal privacy to company owner-- by lawyer Michael Cohen, inning accordance with the Journal's report, which pointed out business records and individuals acquainted with the matter.

The Wall Street Journal first reported recently that Cohen had actually paid the previous pornography star, Stephanie Clifford, referred to as Stormy Daniels, $130,000 in exchange for her silence about the supposed encounter. Following that report, Cohen stated in a declaration that Trump "emphatically rejects" any encounter in between the 2.

In addition to Essential Consultants LLC, an individual acquainted with the matter informed The Wall Street Journal that aliases were utilized to conceal the names of individuals included, consisting of "Peggy Peterson" for Daniels.

CNN has not individually verified The Wall Street Journal's reporting, and Cohen did not instantly react to an ask for remark.

"These reports have actually flowed time and once again considering that 2011," Cohen stated in a previous declaration to CNN relating to recently's report. "President Trump when again emphatically rejects any such event as has Ms. Daniels."

In a declaration offered by Cohen from Daniels, she likewise calls the post "definitely incorrect."

"My participation with Donald Trump was restricted to a couple of public looks and absolutely nothing more," she composed in a declaration, dated January 10. "When I satisfied Donald Trump, he was thoughtful, expert and a total gentleman to me and EVERYONE in my existence. Reports that I have actually gotten hush loan from Donald Trump are entirely incorrect. If undoubtedly I did have a relationship with Donald Trump, believe me, you would not read about in the news, you would read about it in my book. The reality of the matter is, these stories are not real."

CNN asked Cohen, who had actually offered Daniels' declaration, for her contact details, however he did not react.

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