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Paul Manafort gets less than 4 years for tax, bank

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Post# of 65629
(Total Views: 95)
Posted On: 03/07/2019 7:30:23 PM
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Posted By: Lmcat
Paul Manafort gets less than 4 years for tax, bank fraud

Paul Manafort was sentenced Thursday to just under four years in prison for a massive fraud scheme tied to his work as a political consultant for Ukraine’s pro-Russian government, according to reports from the Virginia courthouse.

The 47-month sentence imposed by federal Judge T.S. Ellis III was far below sentencing guidelines of 19-1/2 to 24 years, which Ellis called “excessive.”

President Trump’s former campaign chairman was convicted last year of evading taxes on tens of millions of dollars by stashing the money in overseas accounts, and of lying to banks for millions more in loans when his work in Ukraine dried up.

Prosecutors working for Special Counsel Robert Mueller said Manafort, 69, perpetrated the scams to maintain a lavish lifestyle of swank homes, luxury vehicles and custom clothing — most notably a $15,000 ostrich jacket.

The longtime lobbyist and Republican political operative also faces sentencing Wednesday in a separate case in which he pleaded guilty to conspiring to obstruct justice and defraud the government.

Trump has not been implicated in any of Manafort’s wrongdoing.

https://nypost.com/2019/03/07/paul-manafort-s...-virginia/


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