BREAKING: Mueller Hits Paul Manafort With New Allegations of Bank Fraud
Special Counsel Robert Mueller’s prosecutors hit Trump’s former campaign Chairman Paul Manafort with new allegations of bank fraud on Friday.
Robert Mueller’s team is now focusing on Manafort’s real estate transactions and alleged mortgage fraud.
These are separate allegations from Manafort’s October charges of money laundering and failure to file a FARA form.
Special counsel Robert Mueller’s office has told a federal judge it has found evidence that Paul Manafort, the former Trump campaign chairman, committed bank fraud not addressed by the indictment last October in which he was charged with money laundering and failure to register as a foreign agent.
As legal wrangling continues over a $10 million bail package for Manafort, prosecutors this week accused him of submitting false information to a bank in connection with one of his mortgages.“The proposed package is deficient in the government’s view, in light of additional criminal conduct that we have learned since the Court’s initial bail determination,” prosecutors wrote in a court filingsubmitted on Tuesday and made public in a redacted form on Friday evening. “That criminal conduct includes a series of bank frauds and bank fraud conspiracies.”
Further, the proposed package is deficient in the government’s view, in light of additionalcriminal conduct that we have learned since the Court’s initial bail determination. That criminal
conduct includes a series of bank frauds and bank fraud conspiracies, including criminal conduct
relating to the mortgage on the Fairfax property, which Manafort seeks to pledge.
has secured substantial evidence that Manafort secured this mortgage from The Federal Savings
Bank through a series of false and fraudulent representations to The Federal Savings Bank. For
example, Manafort provided the bank with doctored profit and loss statements for DMP
International LLC for both 2015 and 2016, overstating its income by millions of dollars.