Manafort in Serious Financial Trouble in 2016, Bookkeeper Says

[fleur-de-lisa]

Really good article about today's testimony by Manafort's bookkeeper, Heather Washkuhn

https://www.courthousenews.com/manafort-in-serious-financial-trouble-in-2016-bookkeeper-says/

Under questioning by prosecutor Greg Andres, Manafort bookkeeper Heather Washkuhn said her boss’s international lobbying company began hemorrhaging money, losing $630,000 million in 2015 and $1.1 million in 2016.

snip

Washkuhn testified that Manafort and Gates later sent several inflated income statements to Citizens Bank, the Federal Savings Bank and Banc of California in 2016 and again in 2017.

She said in one instance, the Banc of California was told Manafort business had made $4.5 million in income when in fact it had only made $400,744.

Washkuhn said she knew the financial statements were phony because several words were misspelled within them, and a necessary disclaimer was missing from the bottom of the page.

[Eliot Rosewater]

1. There is a typo in your source, not your fault. I assume it is a typo in that

The $630,000 figure should not have the word "million" after it.

But the hemorrhaging makes sense

[dalton99a]

2. Kick

[LandOfHopeAndDreams]

3. Times Were Tough

Only $600,000 in Suits that year, had to tighten that belt.

[CanonRay]

4. My old partner had a saying about guys like Manafort

"a shoeshine and a smile". I guess that's another way of saying con man and empty suit.

[Scurrilous]

5. K&R