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Manafort Reportedly Tried to Get Banker Who Loaned Him Millions Secretary of the Army Job

4yrs ago from The Week
On Tuesday, Rick Gates testified that Paul Manafort recommended President Trump nominate a banker who allegedly loaned him money under false pretenses as Secretary of the Army. Manafort, Trump's former campaign chairman, is on trial, accused of bank and tax fraud, and Gates, who pleaded guilty in February to lying to the FBI, is now cooperating with Special Counsel Robert Mueller. Gates testified that Manafort suggested Stephen Calk as Army secretary two weeks after Trump was elected, when Gates was working on the transition team. Manafort and Gates were longtime business associates, and prosecutors showed the jury an email Manafort sent Gates on Nov. 24, 2016, which read, "We need to discuss Steve Calk for Sec of Army." Two days before Christmas, Manafort sent Gates another email, which included a list of people he wanted to go to Trump's inauguration, including Calk and his son. Prosecutors say that Calk, a retired Army officer, allegedly had his bank, Federal Savings Bank, extend a mortgage to Manafort in 2016 based on fake financials. Calk was named to Trump's Economic Advisory Council in August 2016, but never received a position in his administration. Catherine Garcia
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Manafort’s Defense Attorney Grills Rick Gates About His 'Secret Life'

4yrs ago from The Week
While testifying in the federal trial against Paul Manafort on Tuesday, Rick Gates admitted he had an extramarital affair while in London, but said he couldn't remember if he paid for his apartment using money he embezzled from Manafort. Manafort is President Trump's former campaign manager, and Gates is his former associate. Manafort is accused of bank and tax fraud, and while testifying on Monday, Gates revealed the pair had 15 foreign bank accounts that were not reported to the federal government, with Manafort directing they not put the accounts on legal documents. Gates is the prosecution's star witness, and on Tuesday, Manafort's lawyer Kevin Downing brought up "the secret life of Rick Gates," asking him if he had an apartment in London and had an affair while there. "I admitted to a previous relationship," Gates said, and revealed he had the apartment for about two months. The Washington Post reports the affair took place more than 10 years ago. On Monday, Gates testified that he had doctored expense reports in order to embezzle money from Manafort. Downing asked him Tuesday if he had "a scheme" developed to embezzle, and Gates said no, he "just added numbers to the reports." Gates also said he met with Special Counsel Robert Mueller's office 20 times to prepare for the trial, and has "a bad memory." Catherine Garcia
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CNN Panel Breaks Out into Hysterics After Wondering If Trump Bothered Googling Paul Manafort Before Hiring Him

4yrs ago from Raw Story
On Tuesday, more details—including brazen financial scams and Rick Gates’ extramarital affair—emerged in the Manafort hearing. In a CNN panel that afternoon, legal experts tried to suss out what the revelations might mean for President Donald Trump and his associates—and if the fraud and tax evasion on display could tie Trump or members of his campaign to Russian President Vladimir Putin. As Jen Psaki, former White House Communications Director under Obama, pointed out, Manafort’s shady …
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There’s a Right Way and a Wrong Way to Implement a Carbon Tax

Praise be and Hallelujah. Michael Mann, a leading climate scientist, is now halfway to understanding climate change. It’s a pity it’s taken him this long, and he is still only halfway, but this is indeed an advance insofar as he’s caught up with what every economist on the planet has been shouting…
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Former US Attorney: It Will Be Nearly ‘impossible’ for Paul Manafort to Get Off by Smearing Rick Gates

4yrs ago from Raw Story
It will be nearly “impossible” for former Trump campaign chairman Paul Manafort to clear his name by simply smearing the defense’s top witness, according to former U.S. Attorney Joyce Vance. Manafort, who is facing charges of bank and tax fraud charge, is expected to instruct his attorneys to attack the credibility of Rick Gates, a former employee who struck a deal to testify against Manafort. Gates admitted during testimony this week that he embezzled thousands …
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Michael Cohen Is Also Reportedly Under Investigation for Tax Fraud

4yrs ago from The Week
President Trump's former attorney Michael Cohen is under investigation for possible tax fraud, The Wall Street Journal reported Tuesday. Cohen has been under intense scrutiny ever since federal agents raided his home and office in April, seizing hundreds of thousands of items to investigate the attorney for potential bank fraud and campaign finance violations. That probe is apparently even wider-ranging than previously reported, with Cohen's taxi medallion business entering as a possible crime scene as well. Federal authorities are investigating whether Cohen underreported income from his medallion holdings, the Journal reports, as well as whether he improperly obtained loans. The additional risk of a tax fraud sentence could make Cohen more willing to comply with investigators, former federal prosecutors noted. Cohen has renounced his loyalty to Trump, but is not cooperating with federal authorities in the probe. Read more at The Wall Street Journal. Summer Meza
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TN-Sen: Dem Phil Bredesen Uses Republicans’ Own Words to Boost His Campaign in Latest Ad

4yrs ago from The Blaze
With the midterm elections just three months away, the contentious battle for the Senate seat being vacated by Sen. Bob Corker (R) in Tennessee is heating up as both candidates — former Gov. Phil Bredesen (D) and U.S. Rep. Marsha Blackburn (R) — make their case to voters with advertisements. Bredesen's latest ad, though, hits Blackburn and the GOP right where it hurts. What does the ad show? Instead of attacking Blackburn's history in Congress or explaining why her policy proposals are not in the best interests of Tennessee, Bredesen uses the words of Republicans and conservatives against her — well, more like in his favor. Bredesen, who was a widely popular governor even among Tennessee Republicans and conservatives, spliced together sound bites of name-worthy Republicans singing his praises. "Folks do not realize this: A lot of Trump supporters are also Phil Bredesen supporters. ... You've never seen a tax being fought for by Phil …
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Here Are 8 of the Strangest and Most Shocking Moments from the Paul Manafort Trial

4yrs ago from Raw Story
The trial of former Trump campaign manager Paul Manafort is entering Day Six today in Alexandria, Virginia, with federal prosecutors planning to obtain additional testimony from their star witness: Manafort’s former business partner, Rick Gates. Manafort is facing multiple federal counts of bank fraud and tax evasion, and when Gates took the stand for the first time around 4:15 p.m. EST on Monday, he offered elaborate details on their alleged crimes of the 2000s and 2010s. Gates has confessed …
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Paul Manafort’s Ex-Aide Rick Gates Testifies at Trial on Cyprus Accounts

4yrs ago from Raw Story
The top aide to former Trump campaign chairman Paul Manafort testified at trial on Tuesday that Manafort told him not to tell their firm’s bookkeeper about payments from accounts in Cyprus. Rick Gates, the U.S. government’s star witness in Manafort’s trial on tax fraud and bank fraud charges, testified in federal court in Alexandria, Virginia, that there were hundreds of emails showing Manafort approved payments out of Cypriot accounts. Gates testified on Monday that wealthy …
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