Monday, May 15, 2017

Former Trump Advisor Paul Manafort Investigated By New York Attorneys

New York state’s attorney general has begun an investigation into the real estate dealings of President Donald Trump’s former campaign chairman Paul Manafort, according to reports.


Manafort has made millions of dollars worth of real estate investments in the U.S. in recent years, using shell companies to purchase properties in New York, Florida, Virginia, and Los Angeles.


New York Attorney General Eric Schneiderman has opened an investigation into Manafort’s real-estate transactions, sources told Bloomberg and The Wall Street Journal. The outlets confirmed that Manhattan District Attorney Cyrus Vance Jr. has also opened a separate investigation into Manafort’s real-estate dealings.


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Sources told the WSJ last week that in an unrelated matter the U.S. Justice Department requested Manafort’s bank records in April as part of its investigation into whether Trump campaign officials colluded with Russia as it worked to influence the 2016 election.


Last month The New York Times revealed Manafort took out $13 million in loans from Trump-tied businesses soon after he resigned from the campaign last August amidst a scandal.


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