Manafort, Gates charged with laundering $30 million in Ukraine income

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… from Sputnik News, Moscow

Mueller seems to be peeling the onion one layer at a time to build his case for the main targets

[ Editor’s Note: Mueller has sent a chill throughout the whole foreign lobbyist community, as what Paul Manafort was doing here was nothing more than what many others have done, especially those that thought they had the juice to never be targeted for prosecution due to their powerful friends and connections.

Manafort couldn’t help spending tons of money, including the expensive pad in Trump Tower, always the big no-no. Loaning money to yourself from offshore accounts… a blind man could spot that.

But there is another layer to this story, a 9-11 ripple effect one. When the FBI wanted to round up all the terrorists in the country, excluding those really behind the 9-11 scam, they had only one place to turn for manpower to boost their counter terrorism force.

That was the white collar crime division, agents accustomed to complex investigations. I remember a rough 1000-agent figure for those transferred, gutting that division. It was then Wild, Wild West time on white collar crime, especially the big business, high end lawyer designed kind. Santa Osama had come to town.

Remember how we had to suffer through the embarrassment that when there were really no sleeper terrorist cells in the US that 9-11 was supposed to unleash (other than those who really did 9-11), to justify its CT funding, the FBI was left to manufacturing terrorists via their sting operations, which is now a low point in FBI history.

Smearing the entire FBI was a dangerous move. Like an elephant, it has a long memory

The agents are not responsible. The orders came down from the top. But that said, the agents never let the public know what was really going on. They investigate cases, but do not prosecute; the DoJ does.

This loyalty confusion between the command structure and the people is never ending, the biggest example being that Israeli espionage cannot be prosecuted here, as it would create too many domestic political problems.

I have a feeling that Mueller is seeding the public mind with these money-laundering indictments. What these guys are charged with is basically what went on when the Russian oligarchs were laundering money coming out of Russia through Trump real estate.

The US, by the way, is a huge money laundering center. Offshore corps set up a Delaware corporation to buy luxury condos in the US. When they are sold, the new guy takes it into his name or just gets the shares in the Delaware corp. There are various versions of this.

Why do I think that Trump might be sweating bullets tonight? Did he use his sons in some similar dealings like this, maybe? And with Daddy Kushner and his bending-the-rules background, what skeletons does Jared have in his closet, the over confident young son running the family biz while dad was in prison?

With the FBI under attack, and Mueller as big a living Sir Lancelot as they have, what might be the chances that he wants to end his career exposing the real rot in America by doing what no one has ever done before, nail the worst of the worst – what are known as “protected entities”Jim W. Dean ]

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Spending millions of dollars out of thin air does not take an FBI genius to spot

– First published … February 22, 2018

Department of Justice (DOJ) special counsel Robert Mueller has filed new charges against Paul Manafort and Rick Gates, former campaign advisers to US President Donald Trump. The men stand accused of laundering $30 million and are facing tax fraud, bank fraud and bank fraud conspiracy charges related to their work as lobbyists in Ukraine.

According to the indictment, Manafort disguised over $10 million in income from his Cyprus bank as loans. Manafort and Gates, who also maintained bank accounts in Saint Vincent, the Grenandines and the Seychelles, allegedly lied to US tax authorities and told them they had no foreign bank accounts.

Paradise comes at a price

“Manafort and Gates generated tens of millions of dollars in income as a result of their Ukraine work. From approximately 2006 through the present Manafort and Gates engaged in scheme to hide income from United States authorities while enjoying the use of the money,” the indictment reads.

“During the first part of the scheme between approximately 2006 and 2015, Manafort, with Gates’ assistance, failed to pay taxes on this income by disguising it as alleged loans from nominee offshore corporate entities and by making millions of dollars in unreported payments from foreign accounts to bank accounts they controlled and United States vendors.”

“Manafort also used the offshore accounts to purchase United States real estate, and Manafort and Gates used the undisclosed income to make improvements to and refinance their United States properties.”

The indictment goes on to claim that Manafort and Gates used those properties as collateral to illicitly acquire loans. The men then used these woebegotten funds in the US to support “a lavish lifestyle” for Manafort and college tuition for Gates’ children.

Manafort was indicted alongside Gates by Mueller in October. The two men have been accused of criminal misdoings during their work as lobbyists in Ukraine on behalf of former President Viktor Yanukovych and his Party of Regions: conspiracy to launder money, conspiracy to commit fraud, and failure to register as foreign agents.

However, they were indicted as part of Mueller’s special counsel investigation into alleged ties between the Trump campaign and Russian actors. None of the charges against Manafort or Gates, or indeed any of the 13 people or three organizations more recently indicted by Mueller, have been accused of collusion. Both the Trump team and the Russian government have consistently denied all charges of collusion.

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10 COMMENTS

  1. Keep in mind the IMF is involved with Ukraine as well, and turned down the initial one billion payment citing ‘too much corruption”. Perhaps that is the center of the onion. And was having Nigel Farage come and do campaign speeches interference from Britain ?

  2. Primate economics 101. The apes who take 10 million bananas when the others have 2 apiece, do not share or give them back. The ‘low information voters” have been convinced by those apes, that unions are a bad idea, and extreme wealth is great ! We are back to monopolies , and why is Ukraine so damn important ?
    What can a person do with 500 million that he can’t with 5 million ? Control and accumulate.
    This is what the people wanted. What they asked for. What they demanded. The wealth of the economy is taken and put away. Now get back to work or we will take your house and children. Again.
    Prosecutor scorecard: Peasant class, boots, fines, and jail for minor offenses. Oligarchy: Courtesy extended.
    Hurry up with those monogrammed towels.

    • The job of police is to protect property. But mostly the people who have the most property.
      They protect lives too, but mostly the lives of the people with the most property.
      That is what we wanted. We demanded it.

  3. The hidden $30 million returned to the US with some used to broker mortgages here, where the interest is deductible. Clever. The time they are facing must be serious. Maybe Mueller will add RICO charges too. That would freeze all their assets and may force Manafort and Gates to plead indigent and, ask for a public defender. Those public defense lawyers are known on the street as “dump trucks”. This won’t happen but it should as these guys were living off the illegal proceeds of a crime which is a necessary act to enforce RICO.

  4. I thought that with FATCA and FBAR, if you have offshore accounts, with very few exceptions you must file the forms every year with the US gov’t, regardless of whether money is returned to the US. If I am wrong, tell me, and I’m all ears… because it’s possible I might actually get some money someday from my mother’s estate in Canada, and in that case I would rather leave the money in Canada and not even file the stupid forms unless I have to. The filing requirement is for equivalent of $10k and up total of all accounts, and $10k is chickenfeed. $10k will catch a lot of small fry in that net.

  5. Jim, while I’d like to think Mueller is working for us, I see something troubling with the TIMING of these particular indictments, coming as they do in the middle of former Ukraine President Yanukovych’s ongoing treason trial in absentia, and with the current President scheduled to testify last Friday. Article says, “The two men have been accused of criminal misdoings during their work as lobbyists in Ukraine on behalf of former President Viktor Yanukovych and his Party of Regions…” If 2 guys hide income from the IRS, too bad for them, but I am concerned that the timing may be giving aid and comfort to the current crooks in the Ukraine, who were the ones in charge of the Maidan snipers, from what I can tell.

  6. Much is not hidden, trillions are legally held offshore under the arrangement that earnings made outside the country are not taxable under they are returned, something that was slipped into the legislation as they knew the public would not see what the effect would be. The flip side of this is that very few countries charge corporate taxes, the thinking being that the corps earning will be taxed from payrolls and when distributed to the stockholders. Trump has mentioned a “tax holiday” (huge pay off) for these companies bringing the money back home.

  7. Just think of the millions of borrowed and printed dollars lawyer and former judge Ken Starr squandered “investigating” Slick Willie, but today and yesterday Slick is free as a bird and even rubs our noses in his Secret Service Protection, who likely get to watch the action while he receives sex from whores every day, while Starr returned recently to aid the Sex Plane Bandit with a slap on the wrist for crimes with underage girls. This is a perfect example of how lying lawyers have destroyed this country. Many many ordinary citizens would donate their time to conduct Grand Jury investigations and hearings if they were just permitted to do so. But then the corrupt lawyers could not make their corrupt secret deals to shaft justice. Every time these corrupt events take place is just another nail in the coffin of the impending death of America.

    • How much borrowed and printed fake money has Mueller spent so far? How much went into his bank acounts? Does anyone really believe he will indict Trump? We are all waiting patiently to see if an indictment comes before Trump completes two terms. Recall all the many negative comments about former Marine Mueller right on VT. And remember and indictment is just a list of charges. It is not a conviction of anything. My guess is they will use these indictments to get some easy money from the perps and that will be the end of it. Also remember Trump loves to sue. It has been reported he has filed some 3,500 lawsuits and likely more. So he can tie them up in court for years or decades. He has access to the best lawyers in the world. Don’t hold your breath until he is impeached and convicted in office or forced to resign. Even all these recent claims from former sex partners are just water off a duck’s back. Think about all the crimes attributed to the Clinton pair. But both are free as birds living the good life, he with SS protection paid for by taxpayers along with free secretarial aids and office space. Our country is gone. It is only a matter of time now.l

    • And anyone who believes the fairy tale that our Federal Courts, where any indictments will be tried if they ever reach the inside of a courtroom, are Motherhood and Apple Pie, you are sadly mistaken. The seminal book “IBM and the Corruption of Justice in America” by Earl Carey, 1992, documents in gory detail, our Federal Courts are totally corrupt just like Congress. Corrupt federal judges conspired to deny Carey the most basic right of any American “guaranteed” in the 7th Amendment; namely, the right to jury trial. If they will do that, all bets are off. He lists no less than 42 federal judges by name and location, from Anchorage to Phoenix, from Pasadena to St. Paul, who lied and willfully and with malice violated the rules and law they took a meaningless oath to “protect and defend”. Remember these judges also love secrecy just like the CIA. All kinds of hanky panky goes on in secret. Those open courtrooms are just for public consumption; the real shenanigans happen behind closed doors in “chambers”. Carey even tried to have federal judges arrested by the FBI! He tried every legal means but every legal means failed. America is gone folks. Wake up to that fact. Perhaps it never was as presented in lying history books.

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