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Manafort and Gates surrender to authorities, indicted in Russia probe

Staff Writer | October 30, 2017
President Donald Trump's former campaign chairman, Paul Manafort, and a former business associate, Rick Gates, were indicted on charges of conspiracy against the United States, money laundering and several other financial charges.
Paul Manafort
America   The indictment filed in federal court in Washington
The charges were the first stemming from special counsel Robert Mueller's probe into possible ties between Trump's presidential campaign and Russia.

The indictment filed in federal court in Washington accused both men of funneling tens of millions of dollars in payments through foreign companies and bank accounts.

Manafort and Gates surrendered to federal authorities, and were expected in court later Monday to face charges brought by Mueller's team.

The indictment lays out 12 counts including conspiracy against the United States, conspiracy to launder money, acting as an unregistered foreign agent and several charges related to failing to report foreign bank and financial accounts.

The indictment alleges that they moved money through hidden bank accounts in Cyprus, St. Vincent and the Grenadines and the Seychelles.

In total, more than $75 million flowed through the offshore accounts. Manafort is accused of laundering more than $18 million, according to the indictment.

Manafort, 68, was fired as Trump's campaign chairman in August after word surfaced that he had orchestrated a covert lobbying operation on behalf of pro-Russian interests in Ukraine.

The Associated Press reported that Manafort also represented a Russian billionaire a decade ago with the goal of advancing the interests of Russian President Vladimir Putin.


 

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