Paul Manafort indicted with 12 counts by Russian investigation for money laundering scheme
Paul Manafort has been indicted by federal prosecutors as the first allegation of a crime in the Russia investigation targeted a top figure in the President's campaign, according to Daily News.
Manafort, a longtime Republican operative who helmed the Trump campaign last summer, was charged of constructing an elaborate fraud scheme along with his business associate Rick Gates, according to the indictment unsealed Monday morning.
News of the charges from special prosecutor Robert Mueller late last week had prompted speculation that Manafort, who was reportedly told he would be indicted after a raid on his home this summer, was the target.
Charges in the indictment include conspiracy against the United States, conspiracy to launder money, failing to register as a foreign agent and failing to report foreign assets.
Local news captured a picture of Manafort leaving his home in Alexandria, Va., on Monday morning with his lawyer, later entering the FBI field office in Washington.
Prosecutors accused him and Gates, who also reportedly surrendered Monday, of making tens of millions of dollars from pro-Kremlin politicians in Ukraine and laundering it through a web of corporations and accounts in places such as Cyprus and the Seychelles.
Manafort was said to have used the money to fund a "lavish lifestyle" in the U.S. and buy homes that he put up as collateral for loans.
Mueller's indictment includes a long list of wire transfers made to American businesses from shady overseas ventures, including $5 million to a Hamptons home improvement company, more than $900,000 to a Virginia rug company and more than $800,000 to a men's clothing store in New York.
The alleged scheme stretched from 2008 to 2017, a time that includes Manafort's work for Trump in spring and summer 2016.
He and Gates were also accused of faiing to report their work for the Party of the Regions, whose leader Viktor Yanukovych fled amid violent protests in 2014 and plunged the Eastern European country into chaos.
Part of that alleged scheme included hiring companies to lobby American lawmakers on behalf of Yanukovych, but listing the work as for a Brussels-based non-profit called the European Center for a Modern Ukraine.
Manafort left the Trump campaign last August after reports about his time in Kiev, and belatedly registered as a foreign agent earlier this summer.
When contacted about the work by investigators last year, Manafort and Gates allegedly made false statements about his work with the Center.
Manafort has continuously denied wrongdoing as reports of his activities have surfaced. His spokesman Jason Maloni did not immediately respond to a request for comment from the Daily News.
Trump, for his part, has dismissed the entire Russia investigation as a "witch hunt" based on "fake news."
The indictment comes as a dramatic escalation in the probe, which Mueller has been spearheading alongside separate inquiries in Congress and the FBI.
Some have speculated that aggressive tactics against Manafort, whose Virginia home was raided in July, are part of an effort to "flip" the former campaign official and have him cooperate with prosectuors.
Ty Cobb, a lawyer for Trump, said that he is "not concerned" with information that Manafort can provide to the investigation.
Related news releases
- 17.06.2018Argentina to replace energy and production ministers
- 16.06.2018At least 17 dead in Venezuelan nightclub after tear gas blast
- 16.06.2018Kushner, Haley hold talks with UN chief on humanitarian needs in Gaza
- 16.06.2018U.S. warns Americans of terrorism threat at World Cup in Russia
- 16.06.2018Trump supports Republican immigration bills in U.S. House: White House
- 16.06.2018U.S. judge sends ex-Trump campaign head Manafort to jail pre-trial
- 16.06.2018Trump sets tariffs on $50 billion in Chinese goods; Beijing strikes back
- 15.06.2018Trump tells G7 leaders that Crimea is Russian
- 15.06.2018Pompeo says North Korea sanctions to remain until complete denuclearisation
- 15.06.2018UN calls for vital port of Hudaydah to stay open
- 15.06.2018Nicaragua president's foes stage nationwide strike
- 15.06.2018DoD Chief Mattis Discusses With S Korean Counterpart Results of Singapore Summit
- 15.06.2018US forces conduct airstrike in Libya, manage to kill one terrorist
- 14.06.2018Facebook's chief of communications, policy to step down
- 14.06.2018Norwegian politicians nominate Donald Trump for Nobel Peace Prize
- 14.06.2018UN votes to condemn Israel's 'excessive force' against Gaza Protests
- 14.06.2018Top White House officials planning to quit
- 14.06.2018Volcanic ash forces Guatemala airport to suspend operations
- 14.06.2018Trump says summit removed North Korean nuclear threat
- 14.06.2018Antarctic thaw quickens, trillions of tonnes of ice raise sea levels
- 13.06.2018Trump, Iran spar over oil prices ahead of OPEC meeting
- 13.06.2018Trump says no war games while North Korea negotiates in good faith
- 13.06.2018New US sanctions will have no effect - Russia’s Foreign Ministry
- 13.06.2018Kim Jong-un, Donald Trump accept each other's visit invitations
- 12.06.2018UN Sec Gen: implementing agreements by US, North Korean leaders requires patience
- 12.06.2018US must sustain maximum economic pressure on Pyongyang - House Speaker
- 12.06.2018Trump top economic adviser suffers heart attack moments before Trump-Kim Summit
- 12.06.2018US sanctions new Russian entities over cyberattacks
- 12.06.2018US extradites former Panamanian president
- 11.06.2018Guterres: UN ready to play verification role in N Korea denuclearization process
- 10.06.2018Mexican parliamentary candidate shot dead after debates
- 10.06.2018G7 nations release joint communique
- 09.06.2018Any agreement with North Korea will be 'spur of the moment': Trump
- 09.06.2018Trump demands end to 'unfair' trade after G7 summit
- 09.06.2018U.S., EU take small step on trade, but no breakthrough at G7 summit
- 09.06.2018U.N. Security Council elects five members for two-year term
- 09.06.2018Muhammad Ali family lawyer to Trump: thanks, but no pardon needed
- 08.06.2018Pompeo: Kim Jong Un has 'indicated to me personally that he is prepared to denuclearize'
- 08.06.2018Facebook admits to massive posting malfunction
- 08.06.2018Trump may invite Kim to US if summit successful
- 30.10.2017Two ex-Trump aides charged in Russia probe, third pleads guilty
- 31.10.2017US expands sanctions on Iran's Islamic Revolutionary Guard Corps
- 31.10.2017Colombia to bomb FARC dissident groups
- 29.10.2017Trump says will release nearly all JFK assassination files
- 28.10.2017US soldier killed in helicopter ‘crash’ in Afghanistan
- 28.10.2017Trump underlines alliance with Turkey in surprise Republic Day message