NEW
YORK (AP) -- Recently filed federal charges against President Donald
Trump's ex-campaign chairman Paul Manafort could also pose legal and
regulatory risks for the banks that loaned him millions of dollars
against his New York real estate in recent years.
The
most serious exposure may be for a Rhode Island-based bank that
employed a "conspirator" in Manafort's scheme to obtain a loan he
couldn't afford, according to the 32-count new indictment unsealed this
week.
Dubbed
"Lender B" in court papers, Citizens Bank not only lent Manafort $3.4
million based off of fraudulent documents but, in another case, appeared
to help Manafort avoid being caught by sending back a crudely falsified
financial statement that had been sent to them from a Manafort
associate, according to federal prosecutors.
"Looks Dr'd," the unnamed banker allegedly wrote. "Can't someone just do a clean excel doc and pdf to me??"
Source: Yahoo News
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