Sunday, September 16, 2018

Paul Manafort pleads guilty, cooperates with DOJ - Update

Former Trump campaign chairman Paul Manafort has pled guilty to two charges in federal court and is cooperating with special counsel Robert Mueller's office. Manafort, 69, pleaded guilty to two criminal counts, conspiracy against the United States and conspiracy to obstruct justice.

Manafort was facing a second trial set to begin on Monday on charges related to his Ukrainian political consulting work. Trump has signaled that he’s sympathetic to Manafort’s plight and may issue a pardon.
Paul Manafort’s guilty plea will cost him more than time behind bars. His estate in the Hamptons is forfeit, his Brooklyn brownstone is gone, as is his condo in Trump Tower in Manhattan. Manafort also agreed to forfeit big bank accounts, life insurance and more as part of his plea deal on Friday with special counsel Robert Mueller. The forfeiture agreement is final and cannot be revoked, court documents say.