The filing adds allegations of tax evasion and bank fraud and significantly increases the legal jeopardy facing Paul Manafort, who managed Trump’s campaign for several months in 2016, and longtime associate Rick Gates. Both had already faced the prospect of at least a decade in prison if convicted at trial.
The two men were initially charged in a 12-count indictment in October that accused them of a multimillion-dollar money-laundering conspiracy tied to lobbying work for a Russia-friendly Ukrainian political party.
The new charges, contained in a 32-count indictment returned by a federal grand jury in Virginia, allege that Manafort and Gates doctored financial documents, lied to tax preparers and defrauded banks — using money they cycled through offshore accounts to spend lavishly, including on real estate, interior decorating and other luxury goods.
…The charges against Manafort and Gates arise from their foreign lobbying and efforts that prosecutors say they made to conceal their income by disguising it as loans from offshore companies. More recently, after their Ukrainian work dwindled, the indictment also accuses them of fraudulently obtaining more than $20 million in loans from financial institutions.
…Two other people who aided Trump in the campaign or in the White House — former national security adviser Michael Flynn and former campaign foreign policy adviser George Papadopoulos — have pleaded guilty to lying to the FBI about their foreign contacts. Neither man has been sentenced. Both are cooperating with the investigation.