Tags: Donald Trump | Judge | Manafort | bail

US Judge Denies Manafort's Request to Modify His Bail Terms

Image: US Judge Denies Manafort's Request to Modify His Bail Terms
Paul Manfort (Reuters)

Thursday, 22 February 2018 02:18 PM

President Donald Trump's former campaign manager, Paul Manafort, lost a bid Thursday to modify the terms of his bail after a federal judge said his proposal to pledge certain properties as collateral was "unsatisfactory."

The ruling against Manafort by U.S. District Court Judge Amy Berman Jackson means that he will be forced for now to remain under house arrest unless he is able to offer other alternatives that are acceptable to the court.

Manafort and Trump's former deputy campaign manager, Rick Gates, were indicted in October as part of special counsel Robert Mueller's probe into whether the Trump campaign colluded with Russia in Moscow's alleged meddling in the 2016 presidential election.

They face charges including conspiracy to launder money, conspiracy to defraud the United States and failure to register as foreign agents for political work they did representing a pro-Russia Ukrainian party. 

Further, court records indicate at least one new charge has been filed under seal in the case against Manafort.

It comes after prosecutors revealed last week that they had uncovered "additional criminal conduct" that includes "a series of bank frauds and bank fraud conspiracies" related to a mortgage on one of Manafort's properties.

Prosecutors say Manafort obtained the mortgage fraudulently by providing the bank with "doctored profit and loss statements" for his political consulting business that overstated the company's income by "millions of dollars."

Manafort previously denied any wrongdoing regarding his mortgages.

Material from the Associated Press was used in this report. 

© 2018 Thomson/Reuters. All rights reserved.

   
1Like our page
2Share
Newsfront
President Donald Trump's former campaign manager, Paul Manafort, lost a bid Thursday to modify the terms of his bail, after a federal judge said his proposal to pledge certain properties as collateral was "unsatisfactory."...
Judge, Manafort, bail
244
2018-18-22
Thursday, 22 February 2018 02:18 PM
Newsmax Inc.
 

Newsmax, Moneynews, Newsmax Health, and Independent. American. are registered trademarks of Newsmax Media, Inc. Newsmax TV, and Newsmax World are trademarks of Newsmax Media, Inc.

NEWSMAX.COM
America's News Page
© Newsmax Media, Inc.
All Rights Reserved