Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search

muriel_volestrangler

(101,347 posts)
Sat Aug 4, 2018, 07:00 AM Aug 2018

Manafort expected a payment of $2.4 million in Nov 2016 - from where?




Cynthia Laporta, a Virginia accountant who testified under a limited grant of immunity, said she had agreed in September 2015 to lower Mr. Manafort’s reported income on a tax return, which saved him about a half-million dollars in taxes. She did so, she said, after Rick Gates, Mr. Manafort’s longtime aide and Mr. Trump’s former deputy campaign chairman, told her that Mr. Manafort was unable to pay what he owed.

And then the next year, as he tried to convince banks to lend him millions against his homes, she said, she did the opposite, inflating his income so that he would qualify. Banks were reluctant to lend Mr. Manafort money because his business showed no income, she and others testified.

So Ms. Laporta said she agreed to record a $ 1.5 million loan to Mr. Manafort’s company as forgiven. She also sent letters stating that Mr. Manafort would receive $ 2.4 million in payments owed to him by November — even though she doubted the truth of both those assertions.

http://idubainews.com/?p=143050

Since he was working full time for Trump then, for free, where would this have come from? Complete BS to defraud the banks? Or a bonus for, eg, getting the GOP platform to move its Ukraine stance in a pro-Russian direction?
3 replies = new reply since forum marked as read
Highlight: NoneDon't highlight anything 5 newestHighlight 5 most recent replies
Manafort expected a payment of $2.4 million in Nov 2016 - from where? (Original Post) muriel_volestrangler Aug 2018 OP
Maybe he got one of those emails saying he won the Dutch Lottery jberryhill Aug 2018 #1
more than likely vlyons Aug 2018 #2
Funny scene from movie Knight & Day empedocles Aug 2018 #3
 

jberryhill

(62,444 posts)
1. Maybe he got one of those emails saying he won the Dutch Lottery
Sat Aug 4, 2018, 07:05 AM
Aug 2018

I need to find a better set of ex Nigerian presidents.

vlyons

(10,252 posts)
2. more than likely
Sat Aug 4, 2018, 07:44 AM
Aug 2018

His ouija board told him that Publisher's Clearing House was going to knock on his front door.

empedocles

(15,751 posts)
3. Funny scene from movie Knight & Day
Sat Aug 4, 2018, 07:55 AM
Aug 2018

Didn't Cruises' parents win Publisher's Clearing House winnings twice in the movie?

Latest Discussions»General Discussion»Manafort expected a payme...