Paul Manafort Accused of Bank Fraud in New Court Documents
Former Trump campaign chairman Paul Manafort, already indicted on charges of money laundering and failing to register as a foreign agent in the ongoing Russia probe, has been accused of bank fraud in new court documents.
The “additional criminal conduct” came to light in a new bail package Manafort submitted in a bid to change his bail conditions, prosecutors said in a filing released Friday. Manafort allegedly submitted false information including “doctored profit and lost statements” to Federal Savings Bank to secure a $9 million mortgage on a property in Fairfax, Virginia he is now trying to pledge as security for his release.
Prosecutors from special counsel Robert Mueller’s team have rejected the newest bail offer, saying it is “deficient” in light of the “criminal conduct” involved.
“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,” the document reads.
It was not immediately clear if Mueller’s office intends to file new criminal charges against Manafort over the alleged bank fraud.
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