Tag: Paul Manafort

Mueller says Paul Manafort should serve 19-24 years in prison

Prosecutors for special counsel Robert Mueller said in a new court filing that President Trump’s former campaign manager Paul Manafort should serve between 19.5 and 24.5 years in prison for the financial crimes for which he was convicted in a Virginia court last August.

“In the end, Manafort acted for more than a decade as if he were above the law, and deprived the federal government and various financial institutions of millions of dollars. The sentence here should reflect the seriousness of these crimes, and serve to both deter Manafort and others from engaging in such conduct.”

Why it matters: This would essentially be a life sentence for the 69-year-old Manafort. He is also facing a separate case in D.C., where a judge recently ruled that he had violated his plea agreement with Mueller and could therefore lose out on any potential leniency he might be offered.

View the complete February 15 article by Zachary Basu on the Axios website here.

After Campaign Exit, Manafort Borrowed From Businesses With Trump Ties

Th following article by Mike McIntire was posted on the New York Times website April 12, 2017:

Paul Manafort’s transactions raise a number of questions, including whether his decision to turn to lenders connected to Donald J. Trump was related to his role in the campaign. Credit Damon Winter/The New York Times

Aug. 19 was an eventful day for Paul Manafort.

That morning, he stepped down from guiding Donald J. Trump’s presidential campaign, after a brief tenure during which Mr. Trump won the Republican nomination, Democrats’ emails were hacked and the campaign’s contacts with Russia came under scrutiny. Dogged by revelations about past financial dealings in Ukraine, Mr. Manafort retreated from public view.

But behind the scenes, he was busy with other matters. Papers were recorded that same day creating a shell company controlled by Mr. Manafort that soon received $13 million in loans from two businesses with ties to Mr. Trump, including one that partners with a Ukrainian-born billionaire and another led by a Trump economic adviser. They were among $20 million in loans secured by properties belonging to Mr. Manafort and his wife. Continue reading “After Campaign Exit, Manafort Borrowed From Businesses With Trump Ties”