WSJ: Special Counsel, Congress Probing Possible Money Laundering By Manafort

UNITED STATES - JULY 19: Paul Manafort, advisor to Donald Trump, is seen on the floor of the Quicken Loans Arena at the Republican National Convention in Cleveland, Ohio, July 19, 2016. (Photo By Tom Williams/CQ Roll... UNITED STATES - JULY 19: Paul Manafort, advisor to Donald Trump, is seen on the floor of the Quicken Loans Arena at the Republican National Convention in Cleveland, Ohio, July 19, 2016. (Photo By Tom Williams/CQ Roll Call) (CQ Roll Call via AP Images) MORE LESS
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The special counsel and congressional committees investigating Russian interference in the 2016 election are looking into possible money laundering by President Donald Trump’s former campaign chair Paul Manafort, the Wall Street Journal reported late Thursday.

The Wall Street Journal reported, citing a single unnamed source familiar with the matter, that special counsel Robert Mueller, who is overseeing the federal probe into Russian meddling, began an inquiry several weeks ago into possible money laundering by Manafort.

The Senate and House intelligence committees are also looking into the matter, unnamed sources with knowledge of the congressional probes told the Wall Street Journal.

According to the report, those sources also said the Senate Intelligence Committee is looking into whether any of President Donald Trump’s businesses have financial ties to Russian interests. The panel has received reports from the Financial Crimes Enforcement Network, a bureau of the Treasury Department, per the Wall Street Journal.

Spokespeople for Manafort and Mueller declined to comment to the Wall Street Journal.

The New York Times reported Wednesday, citing financial records filed in Cyprus in 2016, that Manafort owed as much as $17 million to pro-Russia interests before he joined Trump’s campaign, where he requested no salary in his capacity as chairman.

NBC News reported in March that Manafort closed several accounts with a bank in Cyprus after it launched an internal investigation into potential money laundering.

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Notable Replies

  1. Glad somebody’s looking at this.

  2. Manafort owed as much as $17 million to pro-Russia interests before he joined Trump’s campaign, where he requested no salary in his capacity as chairman.

    I don’t see anything suspicious about this at all. Move along.

  3. So let me get this straight. Trump draws a red line in attempt to intimidate Mueller from investigating Trump’s finances. We then immediately get information that Mueller is looking into Trump’s money.

    Did Trump mistakenly use the color ‘finish line’ instead of ‘red’ when he was drawing that?

  4. Avatar for theod theod says:

    This is how the Good Guys tighten the screws to get Manafort to flip on Trump (somebody he probably does not like or respect anymore) and tell all about the dirty dirt he knows (offshore banking, Bank of Cyprus schemes, money laundering thru real estate deals, etc). With the right kind of Fed. Immunity, Manafort can go back to his sleazy international deals, independent of Trump.

  5. He’ll flip because he can’t be pardoned for state charges.

    Sucks to be Trump.

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