Mueller Files New Tax And Bank Fraud Charges Against Manafort

Special Counsel Robert Mueller announced late Thursday that a Virginia grand jury has approved a slate of new charges against former Trump campaign executive Paul Manafort and Manafort's former deputy, Rick Gates - a move that has been widely anticipated for weeks.

The two men are now facing 32 charges - that's 20 more than the original 12-count indictment.

In October, Manafort and Rick Gates were indicted for laundering millions of dollars earned while purportedly acting as unregistered agents of the Ukrainian government. In the superseding indictment filed on Thursday in federal court in Washington, they face new charges of tax evasion and bank fraud, as Bloomberg pointed out.

"Manafort and Gates generated tens of millions of dollars in income as a result of their Ukraine work," the new indictment said. "From approximately 2006 through the present, Manafort and Gates engaged in a scheme to hide income from United States authorities, while enjoying the use of the money."

The charges were likely approved earlier this month, and have been under seal until today. The new indictment claims Paul Manafort laundered more than $30 million in income, with Gates' assistance, and disguised more than $10 million in income from Cypriot entities by disguising them as loans. It also claims Manafort obtained millions of dollars in financing through "false and fraudulent" representations.

Mueller

Thanks to legal wrangling over Manafort's $10 million bail package, observers were given a hint of the charges late last week. NBC News reported yesterday that at least some of the bank fraud charges hinge on whether Manafort promised Stephen Calk, a Chicago Banker and president of the Federal Savings Bank, a position on Trump's Council of Economic Advisers in August 2016. Manafort received three loans in total from Calk's bank. Manafort borrowed nearly $18 million from the bank in 2016 and 2017.

Here's NBC:

Special counsel Robert Mueller's team is now investigating whether there was a quid pro quo agreement between Manafort and Calk. Manafort left the Trump campaign in August 2016 after the millions he had earned working for a pro-Russian political party in Ukraine drew media scrutiny. Calk did not receive a job in President Donald Trump's cabinet.

The sources say the three loans were questioned by other officials at the bank, and one source said that at least one of the bank employees who felt pressured into approving the deals is cooperating with investigators.

In court filings Friday related to Manafort's bail, federal prosecutors said they have "substantial evidence" that a loan made from the bank to Manafort using the Virginia and Hamptons properties as collateral was secured through false representations made by Manafort, including misstatements of income.

This isn't the only bad news for Manafort: A judge rejected a motion by Manafort's legal team to modify the terms of his bail agreement.

According to the Hill, US District Court Judge Amy Berman Jackson wrote in court documents that Manafort's proposal to pledge his property in Alexandria, Va., as part of his $10 million bond was "unsatisfactory," as the property is already pledged as collateral for a loan on one of Manafort's other properties. Manafort must prove he is current with his mortgage payments on another property located on New York's Fifth Avenue in order for it to be pledged as part of his bond.

The charges were first filed under seal Wednesday afternoon.

Rumors have circulated that Gates is preparing to cooperate with the government and testify against Manafort, his former boss. Gates' legal team is scheduled to hold a sealed court hearing in Washington on Friday on a request by Gates' lawyers to withdraw from the case - a sign that Gates might be preparing to turn against his old boss, according to CNBC.

Though the Daily Beast is now reporting that Gates has fired his lawyer.

The new charges, which carry potentially lengthy prison sentences, could increase the pressure on both men to cooperate in the probe.

Read the superseding indictment below:

 

2 22 18 US Status Report by Anonymous JJ6eerL on Scribd

 

Comments

lester1 Thu, 02/22/2018 - 16:57 Permalink

Wtf is Mueller even doing??

 

Where's the evidence of Trump colluding with the Russians??

 

Why hasn't he charged foreigner Christopher Steele with meddling in our election ??

 

Why hasn't he charged those corrupt FBI agents for lying to a FISA Court judge ??

 

integrity my ass!!!

 

curbjob lester1 Thu, 02/22/2018 - 17:12 Permalink

It's as Bannon said; "all about money laundering."

 

During the credit crisis, and before  TALF and TARP (or else a mushroom cloud), there were only 3 places in the world that had pallets of liquidity (at a price) 

The Mexican cartels,

The Saudi oil sheiks and,

The Russian oligarchs ...

I wonder where mr leveraged to the balls, in (at the time) considered the riskiest of asset classes (real estate), turned ?

It's right there in his tax returns under "charitable gifts"

In reply to by lester1

Mzhen curbjob Thu, 02/22/2018 - 19:31 Permalink

I was attending a Trump rally before Bannon was ever inserted into the campaign in a money deal by the Mercer family.  Trump tirelessly campaigned and connected with people.  That's why he won.  Stevie's Breitbart was supporting Cruz all through the primaries.

In reply to by curbjob

mc888 curbjob Thu, 02/22/2018 - 18:48 Permalink

It's as Bannon said; "all about money laundering."

And the Communist Party Justice system of the USSA is "all about Extortion and Embezzlement".

If he wants to pay them off with rehypothecated real estate, can't blame him for trying.

Mueller better be careful pulling on that Ukraine thread. He might not like what unravels.

#PodestaUkraine #McCainAzovBattalion #BidenBurismaUkraine #ChalupaDNCUkraine #SchiffPasternakUkraine

In reply to by curbjob

Consuelo lester1 Thu, 02/22/2018 - 17:13 Permalink

So glad you asked --

 

What Mr. Mueller is doing, is engaging in a very carefully crafted - orchestrated even, clever scheme of death by a thousand cuts against the Trump administration, meticulously designed to last as long as it takes to either:

a. Throw off the scent of H. Rodham from the legal dogs of liability, up to & including Treason.

b. Distract, dissuade, delay and obfuscate the core issue (the various & sundry illegalities perpetrated by the aforementioned Queen of same), from the interest of the American Public, by any means necessary.

I hope this helped with your inquiry.

 

 

In reply to by lester1

Ima anal sphincter TexasAggie Thu, 02/22/2018 - 18:33 Permalink

Recently talked with an Aggie ROTC man running for Ted Poe's soon to be vacant position. Iraq, two tours.

Asked him "why" he was in Iraq. Protecting the US and fighting terrorism was the answer.

But, the weapons thing was a lie, wasn't it? We'll I'm not sure was the response.

Do you understand the Fed? No. (in so may words)

Do you understand Afghanistan? No. (ditto)

Do you think the official stories about 911, Boston, Sandy Hook, Vegas.... are correct? Yes.

Then our conversation took a different turn.... and he was warned it would.

Do you know you participated in the murder of 1.5 million people and the destruction of a country.

Do you have any fucking clue what's really going on in this country. Do you understand what your're going to be stepping into? Complete dumbfounded look.

The conversation ended with "You know you have a temple to a traitor on your campus."

And....... this is the shit that wants to represent me. Fucking clueless.

In reply to by TexasAggie

buzzsaw99 Thu, 02/22/2018 - 16:59 Permalink

i'm sure the nine hundred felonies per year committed by hitlary will be investigated soon.

 

Mueller?  Mueller?  [/economics teachers, ferret mueller's gay off]

chunga buzzsaw99 Thu, 02/22/2018 - 17:18 Permalink

This is part of a strategy called 3D chess. Mueller is going to do this every week until the mid-terms and Jeff Session is going to the beach so he can look bipartisan, fair, and above the fray.

Later this year the reds in congress will try to work some private hearings about the piss dossier into their busy schedule. 

In reply to by buzzsaw99

buzzsaw99 Thu, 02/22/2018 - 17:04 Permalink

what does bank fraud and tax evasion have to do with the russians?

i mean god damn, hitlary's slush fund does more than that before breakfast.  lloyd blankfein does more in his sleep.

KimAsa Thu, 02/22/2018 - 17:06 Permalink

What do u expect from weasel mueller that sat on 9/11 evidence seven months before it happened.  It’s as if he colluded in the 9/11 tragedy.  

Full Court Lug… Thu, 02/22/2018 - 17:10 Permalink

Pretty long fucking way from investigating "Russian interference in the 2016 election" and "Paul Manafort's dealings with Ukraine from 5+ years ago".

Clear implication: whatever Manafort did or didn't do, Mueller is grasping at straws to pretend he is relevant.

Reminder: by Rosenstein's own admission the sum total of "Russian meddling" was $100k in bland Facebook ads a private Russian citizen bought and didn't report to the FEC, half of which aired after the election (and half of the remainder no one ever saw). Comparing that to direct Mexican meddling in our election is like comparing a thimbleful of water to the Atlantic Ocean.

Thom Paine Thu, 02/22/2018 - 17:10 Permalink

This Russia collusion investigation has backfired spectacularly on Deep States Rosenstein, Comey, Mueller collusion.

Instead all the Democrat Deep State Obama corruption is being exposed.

And if it wasn't for a corrupt DOJ a bunch of them would be facing charges now, including Comey and Rosenstein for criminal deception of the FISA court.