#GaryFarro is testifying about LLCs & know-your-client forms. The prosecutor questioning him has asked him to spell out what LLCs are. Know-your-client forms are used by banks to verify who a client is.
“Everything was urgent w/ #MichaelCohen,” Gary Farro testifies about Cohen’s interest in opening his acct quickly. Cohen used the account to make the hush-money payment to #StormyDaniels.
He says Cohen did not make it clear that it would be used to pay a porn star.