Longtime Manafort deputy Rick Gates admits embezzlement

Enlarge this image

Enlarge this image

A day after testifying against longtime boss Paul Manafort, Rick Gates returned to the witness stand Tuesday as the government's star witness in the financial fraud trial of President Donald Trump's former campaign chairman.

Gates said that Manafort told him to get in touch with Philip Ayliff, one of Manafort's tax accountants, but Gates said he could only reach Cindy LaPorta, another accountant who received immunity to testify last week.

Rick Gates has been regarded as a crucial witness for the government ever since he pleaded guilty this year to two felony charges and agreed to cooperate in special counsel Robert Mueller's investigation into possible ties between Russian Federation and the Trump campaign.

Ms Laporta, looking at a summary of loans to Mr Manafort and his businesses, said she could not see any indication the loan from Mr Deripaska had been paid off.

But she said she believed Manafort was directing Gates' efforts to disguise loans and hide income, noting that Manafort was copied on her email traffic with Gates.

Gates and Manafort purposely lied to Manafort's accountants, telling them he had no foreign accounts or interests, Gates said.

Gates also told jurors that he cheated Manafort out of "several hundred thousand" dollars, which is likely to be a threat Manafort's attorneys pull on to try to undermine Gates' credibility with the jury.

Gates testified that he knowingly violated federal tax law by not disclosing 15 foreign bank accounts owned by him and Manafort to United States authorities. Manafort is charged with 18 counts of tax and bank fraud. President Trump has previously spoken of the Mueller investigation, referring to it as a "witch-hunt", and reiterating that Manafort only worked for his campaign for a few months.

One of 14 girls rescued from Bihar's Muzaffarpur shelter home goes missing
The Women and Child Development Department is also coordinating. "The inquiry will be done under proper legal procedure", he said. Rita Bahuguna Joshi, Women and Child Welfare Minister of Uttar Pradesh, clarified that the shelter was completely illegal.

Prosecutors say Manafort used those companies to stash millions of dollars from his Ukrainian consulting work, proceeds he omitted year-after-year from his income tax returns. Mueller is also investigating possible coordination between Trump campaign members and Russian officials in the election campaign, but the charges against Manafort do not address that.

Gates told jurors that he helped establish the offshore accounts for Manafort, and that Manafort had negotiated with Ukrainian oligarchs on how payments to the accounts would be made.

In a court filing on Monday, prosecutors said they may call Federal Bureau of Investigation forensic accountants Morgan Magionos and Renee Michael to read from Manafort's emails. In court filings, Mueller has accused Kilimnik of having ties to Russian intelligence services, an allegation he has denied.

Gates told the courtroom that Manafort asked Gates to change certain things in order to obtain loans after the Ukraine income dried up in 2014.

Manafort's defense hinges on convincing a jury that it was Gates, not Manafort, who committed all of these crimes, and that Manafort is a victim of Gates.

In court on Monday, Gates testified that he did steal from Manafort.

But Laporta's testimony raised the stakes for Manafort.

Rick Gates dropped a bombshell in his testimony against his former business partner, Paul Manafort, in federal court Monday.

Recommended News

  • Naz Shah slams Boris Johnson and accuses him of Islamophobia

    Naz Shah slams Boris Johnson and accuses him of Islamophobia

    The assistant secretary general of the Muslim Council of Britain, Miqdaad Versi, said Mr Johnson was "pandering to the far right". Middle East Minister Alistair Burt criticized Johnson on Tuesday for comments he said "many people would find offensive".
    Armed bystander shoots gunman at Titusville rally

    Armed bystander shoots gunman at Titusville rally

    As families tried to hide, police say a witness pulled out his licensed gun and took the gunman down. The gunman is still in the hospital with life-threatening injuries from the gunshot to his head.
    'Chef of the century' Joel Robuchon dies aged 73

    'Chef of the century' Joel Robuchon dies aged 73

    The restaurant racked up a Michelin star a year during its first three years - a feat no one had previously accomplished. The wait for a reservation was two months, even though the price for a meal without wine was $200.
  • MoviePass to limit subscribers to 3 movies per month

    MoviePass to limit subscribers to 3 movies per month

    The stock rose 3 cents to 10 cents per share in early trading Monday , soaring over 45 percent on the new plan news. MoviePass's CEO, Mitch Lowe, told the Journal that this new three-movie policy will help the service's burn rate.
    Bologna explosion injures 56, kills one

    Bologna explosion injures 56, kills one

    Italian media said a lorry carrying cars collided on a bridge with another tanker lorry containing inflammable materials. Italian media has reported that numerous injured were hit by debris and shattered glass following the explosion.

    Atlus Releases New Trailer For Persona Q2: New Cinema Labyrinth

    Atlus will debut the first official trailer for Persona Q2 on August 6 at 12:00 JST via the Persona series Twitter account . Early purchase bonuses will include a DLC with nine songs from Persona 3, Persona 4, and Persona 5 .
  • Arsenal fans will not be able to hold Stan Kroenke to account

    Arsenal fans will not be able to hold Stan Kroenke to account

    It said Arsenal shareholders under the offer will be entitled to receive 29,419.64 pounds for each share. Kroenke already owns 67.09% of Arsenal and has been a shareholder for more than a 10 years.
    Melania praises LeBron James after Trump insults National Basketball Association  star

    Melania praises LeBron James after Trump insults National Basketball Association star

    National Basketball Association legend Michael Jordan and U.S. athletes rallied to LeBron James' defense on Saturday after U.S. Maxine Waters of California, who is also black, as "low IQ" - an insult he repeated during the OH rally Saturday night.
    Fentanyl and cocaine-related deaths on the rise

    Fentanyl and cocaine-related deaths on the rise

    There has also been a slow rise in cocaine deaths for the sixth consecutive year, up to 432 in 2017, compared to 371 in 2016. In Scotland, drug deaths hit a record high in 2017 and were the worst in Europe, figures revealed last month.
  • RIP Karunanidhi: Modi, Rahul grieve Kalaignar's death on Twitter

    RIP Karunanidhi: Modi, Rahul grieve Kalaignar's death on Twitter

    Hardgrave Jr., Temple Professor Emeritus of the Humanities in Government and Asian Studies at the University of Texas, told CNN. Karunanidhi's response to medical intervention over the next 24 hours would determine the prognosis, the doctors said.
    City of Lies: Johnny Depp's Notorious BIG film shelved

    City of Lies: Johnny Depp's Notorious BIG film shelved

    According to Deadline , Depp's movie was set to release on September 7, but that will no longer be the case. Depp appeared in character at the 2018 San Diego Comic Con.
    Arturo Vidal will be a great addition- Valverde

    Arturo Vidal will be a great addition- Valverde

    Vidal has agreed a three-year contract with the La Liga champions and will now fly to Barcelona to undergo a medical. Barcelona have reached an agreement to sign Arturo Vidal from Bayern Munich .

We are pleased to provide this opportunity to share information, experiences and observations about what's in the news.
Some of the comments may be reprinted elsewhere in the site or in the newspaper.
Thank you for taking the time to offer your thoughts.