Paul Manafort Accused Of Bank Fraud In New Mueller Court Documents

The alleged fraud came to light in an attempt by Manafort to swap out real estate securing his $10 million bail, said the redacted documents, which were released Friday.

…Manafort allegedly submitted “doctored profit and loss statements” to Federal Savings Bank — overstating “by millions of dollars” income for his consulting company — in order to obtain a $9 million mortgage on a property in Virginia that Manafort had hoped to pledge as security for his bail, according to the court filing.

It wasn’t immediately clear if Manfort could now face new charges, or if the alleged criminal conduct only scuttled Manafort’s bail request.

Paul Manafort Accused Of Bank Fraud In New Mueller Court Documents | HuffPost

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