Paul Manafort may face criminal charges over foreign banking accounts
Developments on Day 202 of the Trump Administration:
FBI Raided Manafort’s Home in Late July in Russia Probe
In a sign of the expanding Trump-Russia investigation, FBI agents raided a home of Donald Trump’s former campaign chairman Paul Manafort in late July.
A source close to the investigation initially told media of the raid on July 26, the day after Manafort was questioned in a closed-door session by staff of Senate Intelligence Committee members.
Manafort spokesman Jason Maloni then confirmed, “FBI agents executed a search warrant at one of Mr. Manafort’s residences. Mr. Manafort has consistently cooperated with law enforcement and other serious inquiries and did so on this occasion as well.”
The raid in the northern Virginia suburbs of Washington took material beyond the hundreds of pages given by Manafort, Trump’s campaign manager from June to August 2016, to the committee investigators.
Manafort is a subject of inquiry by Congressional committees and by Special Counsel Robert Mueller for long-standing financial links to pro-Russian Ukrainian interests. Revelations about the links forced his departure as campaign manager.
He was also involved in a June 2016 meeting, arranged by Donald Trump Jr. and including Trump Sr.’s son-in-law Jared Kushner, with three Kremlin-linked envoys.
The FBI warrant, demanding tax and foreign banking records, suggests investigators are looking at criminal charges related to the federal Bank Secrecy Act, which requires Americans to report their foreign banking accounts.