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Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsPaul Manafort offers $12 million in assets to avoid house arrest
Source: CBS News
Paul Manafort offers $12 million in assets to avoid house arrest
Paul Manafort, the former Trump campaign manager charged with counts including conspiracy and money laundering, is pledging $12 million in real estate and life insurance assets in an effort to avoid house arrest, according to court documents filed on Manafort's behalf Saturday in U.S. District Court for the District of Columbia.
A federal judge earlier this week ordered that Manafort and Rick Gates, his associate who is similarly charged, be placed on house arrest and electronic monitoring. But Manafort's lawyers argue that is unnecessary. Manafort's lawyers have already argued in court documents that he is too famous to be a flight risk.
A bond review hearing is scheduled for Monday morning. The case is a result of special counsel Robert Mueller's probe of Russian election meddling, and any ties to the Trump campaign, and the grand jury that stemmed from that investigation.
In the court documents, Manafort pledged a property in New York valued at $3 million, a property in New York valued at $3.5 million, a property in Florida valued at $1.5 million, and a combination of life insurance policies held in trust or in his wife's name valued at roughly $4.5 million, for a total of $12.5 million.
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Read more: https://www.cbsnews.com/news/paul-manafort-offers-12-million-in-assets-to-avoid-house-arrest/
Kentonio
(4,377 posts)forgotmylogin
(7,530 posts)...that he can't be bothered with even house arrest?
Kablooie
(18,634 posts)uppityperson
(115,677 posts)unblock
(52,262 posts)uppityperson
(115,677 posts)BigMin28
(1,178 posts)Ones that might be confiscated by the government as ill gotten gains?
Kleveland
(1,257 posts)Us little people have to come up with the cash.
Now, I know you only really need a percentage for a bondman, but still....
Grassy Knoll
(10,118 posts)What An Asshole...
The Wielding Truth
(11,415 posts)He should be in jail, really.
Alice11111
(5,730 posts)The Wielding Truth
(11,415 posts)Alice11111
(5,730 posts)Iggo
(47,558 posts)How 'bout you put up your foreign bank accounts as collateral?
rzemanfl
(29,565 posts)Iggo
(47,558 posts)rzemanfl
(29,565 posts)Laffy Kat
(16,383 posts)I thought she already determined he was a flight risk.
Iggo
(47,558 posts)....makes him any less of a flight risk.
Angry Dragon
(36,693 posts)Iliyah
(25,111 posts)whining? Geez, rich people can't handle rough life.
rzemanfl
(29,565 posts)TheDebbieDee
(11,119 posts)to fall out of a window, couldn't it?
SHRED
(28,136 posts)Better at home to listen in.
MiniMe
(21,718 posts)Alice11111
(5,730 posts)bluecollar2
(3,622 posts)Demonaut
(8,920 posts)sure I'll be back for those things that are useless to me if I skip bail on one of the passports you haven't found
NCjack
(10,279 posts)DemocratSinceBirth
(99,710 posts)Response to Eugene (Original post)
WinkyDink This message was self-deleted by its author.
Thunderbeast
(3,417 posts)I think not.
If he gets bail without the ankle bracelet, he will be on a generic Gulfstream heading for international waters within a week! The Air Force would stand down (assuming they knew in time) to avoid an "incident".
Trade the bracelet for indisputable evidence (not just testimony) of conspiracy that takes down Trump AND Pence.
jmowreader
(50,560 posts)Thunderbeast, if he's let out of house arrest, he will be gone before midnight.
And the only deal I'm interested in giving Manafort is, you give us enough to take down this entire crooked administration and we'll give you a rubber floor mat to stand on while you make license plates.
The_Casual_Observer
(27,742 posts)anymore. He's a fraud and a poor chump.
MFM008
(19,818 posts)He will.
Demtexan
(1,588 posts)Maybe they want him to try to escape.
Manafort must have some extra money put away in another name.
No telling how many more passports.
Rainbow Droid
(722 posts)head shaking, every day in this country.