1ClassyLady 68F
3122 posts
8/21/2018 4:35 pm
Cohen pleads guity, Manafort found guilty, both will go to Federal prison

Paul Manafort, former campaign manager of President Trump, was found guilty Tuesday on eight of the 18 counts brought against him by special counsel Robert Mueller.

Manafort was found guilty of five counts of tax fraud charges, one charge of hiding foreign bank accounts, and two counts of bank fraud. In total, the guilty counts could carry a lengthy prison sentence for Manafort, who is 69 .

On the fourth day of deliberations following a two-week trial in Alexandria, Va., the jury notified judge T.S. Ellis shortly before 4:30 p.m. ET that it had reached a verdict on eight of the 18 counts. Ellis then polled the jury on the likelihood of their reaching a verdict on the remaining 10 counts against Manafort, and ruled a mistrial on the remaining counts.

Prosecutors now have until Aug. 29 to decide whether they will seek a retrial for the charges on which the jury deadlocked. Manafort will remain in custody and faces another trial on Sept. 17 in a Washington courtroom, where he will be tried on charges of failing to register as a foreign agent, money laundering and obstruction of justice.

Earlier in the day, the Alexandria jury sent Ellis a note that asked, “If we cannot come to a consensus on a single count, how should we fill out the jury verdict sheet for that count, and what does that mean for the final verdict?”

The guilty verdict comes as another blow to President Trump, whose former personal lawyer Michael Cohen pleaded guilty earlier in the day to multiple charges, including campaign finance fraud stemming from hush-money payments to two of Trump’s alleged mistresses.

In a Manhattan federal court, Cohen admitted to violating campaign finance law at the direction of “the candidate” and to having acted for the purpose of influencing the election.

Trump, who was traveling from Washington, D.C., to Charleston, W.V., for a rally, boarded Air Force One about 10 minutes before the verdict was reported by news networks.

Although the president often decries the Mueller investigation into Russian election meddling as a “WITCH HUNT,” it has so far yielded five guilty pleas in addition to the Manafort verdict. Former Trump campaign adviser George Papadopoulos pleaded guilty to lying to the FBI last October. Former Trump national security adviser Michael Flynn pleaded guilty to lying to the FBI two months later. Richard Pinedo pleaded guilty to identity fraud in February. Alex van der Zwaan, a lawyer who worked with Manafort and former Trump campaign adviser Rick Gates, pleaded guilty to lying to investigators in February. That same month, Gates himself pleaded guilty to financial fraud and lying to investigators, and became a star witness in the case against Manafort.

After landing in Charleston, W.V., Trump shared his thoughts on the verdict with reporters.

“It doesn’t involve me, but I still feel, you know, it’s a very sad thing that happened,” Trump said. “This has nothing to do with Russian collusion. This started as Russian collusion. This has absolutely nothing to do — this is a witch hunt and it’s a disgrace.”





Honesty is the best policy.


1ClassyLady 68F
3289 posts
8/22/2018 11:02 am

President Trump on Wednesday responded to the guilty plea of his former lawyer Michael Cohen and the conviction of his former campaign manager Paul Manafort, praising Manafort as a “brave man” who remained loyal to him, while insisting that two of the key acts Cohen admitted to in federal court were “not a crime.”

“I feel very badly for Paul Manafort and his wonderful family,” Trump tweeted. “‘Justice’ took a 12 year old tax case, among other things, applied tremendous pressure on him and, unlike Michael Cohen, he refused to ‘break’ — make up stories in order to get a ‘deal.’ Such respect for a brave man!”
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Trump praised Paul Manafort "brave man" for those Tax fraud, bank fraud, and failure to report foreign bank accounts after a high-stakes criminal trial.

Manafort is the former chairman of President Donald Trump's campaign; he was indicted in the special counsel Robert Mueller's Russia investigation.
Trump commented on the news as he arrived in West Virginia for a campaign rally Tuesday night: "It doesn't involve me, but it's a very sad thing that happened. This has nothing to with Russian collusion."
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Michael Cohen pleads guilty to 8 charges, says Trump told him to pay off Stormy Daniels, Karen McDougal. Cohen said the payments to an adult film actress and a former Playboy Playmate were made "in order to influence the 2016 presidential election." Those payments, prosecutors say, violated federal campaign finance laws.

Cohen pleaded guilty to eight charges on Tuesday; two concerned federal campaign finance laws, and six dealt with income tax and bank fraud.



Honesty is the best policy.


1ClassyLady 68F
3289 posts
8/21/2018 6:25 pm

According to C-NBC after market closed said the 8 counts out of 18 will cost Paul Manafort 65 years jail time. Well, it is like "lifetime" for the rest of his life in jail.



Honesty is the best policy.


1ClassyLady 68F
3289 posts
8/21/2018 6:09 pm

Today, Aug 21, 2018, the stock market reached to a new all-time high of 2,873.23 and the investors were happy that this is the longest "bull market" since March 9, 2009 when Obama inaugurated into White House for less than 2 months, they sold off the stocks and S&P was as low as 666.29.

However, after stock market closed today, this Cohen and Manafort bad news came out, many investors predict that tomorrow stock market will sharply sell-off.



Honesty is the best policy.