Friday, 10 Jul 2020

Paul Manafort indicted on new fraud charges in New York

A Manhattan grand jury has indicted President Trump’s former campaign manager Paul Manafort on charges of residential mortgage fraud and other state crimes, the Manhattan District Attorney’s Office said Wednesday.

“No one is beyond the law in New York,” DA Cy Vance Jr. said in a statement. “Following an investigation commenced by our Office in March 2017, a Manhattan grand jury has charged Mr. Manafort with state criminal violations which strike at the heart of New York’s sovereign interests, including the integrity of our residential mortgage market.”

In the 16-count indictment, Manafort faces raps for residential mortgage fraud, attempted residential mortgage fraud, conspiracy, falsifying business records and scheme to defraud.

Manafort has already been convicted of 10 federal felonies in Virginia and Washington, DC, for financial crimes related to money he earned as a consultant advising a pro-Russian political party in Ukraine.

If Trump ends up pardoning Manafort, he’d still be on the hook for the new state charges.

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