We were all shocked when President Trump’s campaign chairman, Paul Manafort, was indicted on charges that he funneled millions of dollars through overseas shell companies and used the money to buy luxury cars, real estate, antiques and expensive suits.
Manafort surrendered to federal authorities in Washington, D.C. after a grand jury approved the charges brought by Special Prosecutor Robert Mueller!
Rick Gates, Paul Manafort’s former business associate took the witness stand Monday afternoon in the bank fraud and tax evasion case against Manafort.
Gates later pleaded guilty to reduced charges as part of a plea deal.
According to multiple news outlets, Gates was asked on Monday if he was involved in criminal activity when working with Manafort.
“Yes,” Gates reportedly responded.
“Did you commit a crime?” the prosecution asked.
“Yes,” Gates replied again.
Gates also testified he helped Manafort file false tax returns and cheated Paul Manafort out of hundreds of thousands of dollars, via CNN:
Gates told the jury he helped Manafort file false tax returns by lying to his boss’ accountants about under-reporting income, creating false loans, and not disclosing Manafort’s ownership of the foreign accounts.
In each of those instances Gates told the jury he lied “at the direction of Mr Manafort.”
Prosecutor Greg Andres began walking Gates through his plea agreement with Gates explaining his legal trouble increased after he lied to prosecutors during the investigation.
Rick Gates said he had been cheating Paul Manafort out of money to the tune of “several hundred thousand” dollars.
Gates told the jury that as part of his plea with the government, he revealed several other crimes that were not previously known and are not in the federal indictments of him and Manafort.
Gates said he stole the money from Manafort by submitting to him false expense reports.
Those expenses paid to him came out of the foreign bank accounts in Cyprus that Gates said he and Manafort knowingly did not disclose to the federal government.
Gates said he also created a fake letter to an investment company for a different colleague, Steve Brown. He also overreported his income on mortgage and credit card applications and lied to his own personal tax accountant.
Rick Gates also testified that he and Paul Manafort didn’t report 15 foreign accounts even though they knew it was illegal, reported CNN.
The main question is do you trust this guy?
This is a breaking news, please refresh the page for updates!
Alex D is a conservative journalist, who covers all issues of importance for conservatives. He writes for Conservative US, Red State Nation, Defiant America, Right Journalism, and Supreme Insider. He brings attention and insight from what happens in the White House to the streets of American towns, because it all has an impact on our future, and the country left for our children. Exposing the truth is his ultimate goal, mixed with wit where it’s appropriate, and feels that journalism shouldn’t be censored. Join him & let’s spread the good word!