Former Trump campaign chairman Paul Manafort and his business associate, Rick Gates, have been indicted by a federal grand jury on charges of conspiracy against the United States and other felony charges. The indictments unsealed Monday in Washington contain 12 counts, including conspiracy to launder money, failing to register as a foreign agent, false statements, and multiple counts of failing to file reports for foreign bank accounts.
The DOJ indictment charges that former campaign chairman Paul Manafort and his business associate Rick Gates generated tens of millions of dollars in income as a result of their Ukraine lobbying work.
According to the indictment (pdf below): “In order to hide Ukraine payments from United States authorities, from approximately 2006 through at least 2016, Manafort and Gates laundered the money through scores of United States and foreign corporations, partnerships and bank accounts.”
Special prosecutor Robert Mueller’s probe focused on wire transfers Paul Manafort made from Ukraine to private accounts and whether he paid taxes on that income. Indictment:
The government alleges that at least $75 million was moved by Manafort to offshore accounts without declaring the income to the government. From there Manafort allegedly withdrew $18 million to fund a lavish lifestyle, and Gates pulled another $3 million out.
The indictment is purely focused on alleged financial crimes and does not include any charges related to the broader question that formed the basis of Mueller’s investigation – whether Donald Trump’s presidential campaign colluded with Russia.
The indictment describes criminal allegations that predate the Trump campaign; Trump’s name is not mentioned in the 31-page document. Attorney Alan Dershowitz provides some context toward the motives and intents of the indictment strategy.