Manafort Bankers, Associates Summoned to Talk to Manhattan D.A.
Source: Bloomberg
Richard Esposito and David Voreacos
November 28, 2017, 4:00 AM EST
Manhattan prosecutors investigating Paul Manaforts New York business activities are scheduling interviews with 10 to 20 of his work associates and lenders, including Stephen Calk, whose Chicago-based bank provided millions of dollars in loans on Manafort family properties.
Manhattan District Attorney Cyrus Vance Jr.s office has already subpoenaed lenders for documents related to transactions by Manafort, President Donald Trumps onetime campaign chairman, and is proceeding to conduct the interviews, according to a person familiar with the investigation.
Separately, the Manhattan U.S. attorney has recently looked into Calks bank as part of a probe into whether Manafort may have engaged in mortgage fraud, honest-services fraud and bank fraud, according to another person familiar with that investigation. Manafort is already under federal indictment for money laundering and other charges.
The district attorneys office wants to know how deeply Calk was involved in loans made by Federal Savings Bank, where he is chief executive officer, for Manaforts benefit, the person said. Investigators also want to know if Manafort used the money for the purposes outlined in the loan documents, the person said.
Read more: https://www.bloomberg.com/amp/news/articles/2017-11-28/manafort-bankers-associates-summoned-to-talk-to-manhattan-d-a
Investigating?
lagomorph777
(30,613 posts)That caught my ear too.
Vance Sr. passed away in 2002.
He's the DA who lets the privileged like the trumps and Strauss-Kahn off without a second thought. That's why I'm surprised he's actually doing something that might be beneficial.
lagomorph777
(30,613 posts)Thanks.
Me.
(35,454 posts)He just won an election because there were no challengeres but after news of letting the trumps off broke people started to take a hard look and it was said they either wrote in or didn't vote for DA at all.
Wellstone ruled
(34,661 posts)for the GOP Banking Committee Members. So these Guy's want to eliminate all Banking over-site,going to get interesting to say the least.