Home » World

Defence for Paul Manafort rests without calling witnesses at bank fraud trial

15 August, 2018, 14:35 | Author: Lucille Rivera
  • Rick Gates

At the same time, Calk, who has not been charged with a crime but has been characterized by prosecutors as an unindicted co-conspirator, approved loans for Manafort to the tune of $9.5 million in November 2016 and $6.5 million in January 2017, coinciding with Trump's election and inauguration, according to CNN.

The defense called no witnesses, choosing to rely instead on the team's cross-examination of government witnesses including Rick Gates, Manafort's longtime deputy, and several accountants, bookkeepers and bankers who had financial dealings with Manafort.

After hearing some 20 witnesses for prosecutors describe how Manafort allegedly evaded taxes on millions of dollars and repeatedly lied to banks as he borrowed millions more, a jury of 12 could begin deliberating on the case as early as late Wednesday.

On Tuesday afternoon, the jurors were recalled to hear of the defense team's decision, and then dismissed for the day.

Key case: Paul Manafort, a one-time Trump campaign chairman, is the first person to go to trial on charges brought by the Robert Mueller special counsel probe. He's also accused of fraudulently obtaining millions in bank loans.

Closing arguments are expected to take place Wednesday.

Television cameras are positioned outside the U.S. District Courthouse where former Trump campaign manager Paul Manafort is being tried on charges stemming from Special Counsel Robert Mueller's ongoing investigation into Russia's role in the 2016 U.S. presidential election, in Alexandria, Virginia, U.S., August 7, 2018. When it resumed, he asked whether they had a defense to present.

Turkey's lira crisis puts European economies at risk, says expert
Neither the White House , Turkey's Ministry of Foreign Affairs nor Apple immediately responded to a request for comment. What a boycott on iPhones (and potentially other Apple products) would mean for these locations isn't clear.

The prosecution rested its case yesterday following two weeks of evidence detailing years of Manafort's financial life, including alleged efforts to avoid paying US income taxes on the money he earned overseas and efforts, after his income flow dried up, to fraudulently apply for loans in the United States.

Manafort looked at the jury as his lead attorney, Kevin Downing, said they wouldn't present any evidence.

On Monday, James Brennan, the vice president of The Federal Savings Bank, testified under immunity about a loan the bank gave Manafort.

"They are all jury issues", Ellis said, explaining that he believed it should be up to the jury to decide.

Still, the proceedings have drawn President Donald Trump's attention - and tweets - as he works to undermine the standing of the Mueller investigation in the public square.

During testimony, Gates was forced to admit to embezzling hundreds of thousands of dollars from Manafort and conducting an extramarital affair.

Recommended:



Popular

Mark Zuckerberg personally engaged in banning Alex Jones from Facebook
Twitter has come under fire for not taking action against Jones and his InfoWars account while other tech companies have. Content that is posted by InfoWars to other social media sites is often not also published to Twitter, they added.

Reality Star Lyric McHenry Dead at 26
Jennifer McHenry was reportedly "crying and fell to the ground" after hearing that her daughter had passed away. Lyric McHenry , 26, was found slumped over on a sidewalk in Highbridge at around 5 a.m., according to police.

Death toll in Syria blast climbs to 69: Observatory
On Friday, 12 civilians, three of them children, were killed in regime bombardment of the towns of Khan Sheikhun and Al-Tah. The war in Syria has killed more than 500,000 people since it began in 2011 with a brutal regime crackdown on protesters.

Browns ‘Victory Fridge’ Offers Free Bud Light On Team’s First Win
Maybe they can turn that into some free-beer-generating momentum as they head into the regular season. CLEVELAND- Bud Light is going to help Browns fans celebrate when the team snaps its winless streak.

Frederica Wilson: 'Trump is a white supremacist'
What perhaps worries the Trump team most is they can't be sure what else she surreptitiously recorded. " She made it up". He also claimed that other White House staff " hated " her and that she was " vicious, but not smart ".

Spider-Man swings with goal in this new gameplay launch trailer
Of course Sony's latest exclusive has been at the forefront of marketing for months, with its release under a month away. By now it's cliche to call a city - particular NY - the real protagonist of a movie, show, or game.

Trump calls former 'Apprentice' star turned White House aide a 'dog'
The president tweeted Monday night, "I don't have that word in my vocabulary and never have". The source claimed: "Melania is exhausted of being quiet and hiding inside the White House".

U.S. man flies plane into his home after fight with wife
Within hours, Youd was taking off in the plane from Spanish Fork-Springville Airport, about 24km north of his house. Payson police confirmed there have been previous domestic violence incidents at the home, KSTU reported.

Vienna Takes Home Title Of World's Most Liveable City
On a larger scale, global livability has improved for the second year in a row, increasing from 74.8% last year to 75.7% in 2018. Vienna overtook Melbourne as the top-ranked city in the world for liveability, scoring a near ideal score of 99.1 per cent.

Nicki Minaj Leaves Stephen Colbert Flustered With Flirty Rap
In the song, Minaj lists famous men she would not be intimate with, such as Drake , Eminem, and 50 Cent. Nicki Minaj was a guest on last night's episode of The Late Show with Stephen Colbert .