MANAFORT TRIAL | Prosecutors to rest case at Manafort financial fraud trial
ALEXANDRIA, Va. (AP) — Prosecutors are expected to rest their case today against former Trump campaign chairman Paul Manafort, after days of occasionally dramatic testimony in Manafort's bank fraud and tax evasion trial and some testy exchanges with the trial judge.
Prosecuting attorneys for special counsel Robert Mueller got a rare, and narrow, acknowledgment from U.S. District Judge T.S. Ellis III that he likely erred when he angrily confronted them a day earlier.
The judge's comments came Thursday, during the eighth day of trial, as prosecutors began presenting the bulk of their bank fraud case after spending days largely on tax evasion allegations.
Thursday's testimony was devoid of some of the drama of recent days, when longtime Manafort deputy Rick Gates was confronted about having embezzled hundreds of thousands of dollars from Manafort and was forced to admit on the witness stand to an extramarital affair.
On Thursday, a group of bank employees told jurors about discrepancies and outright falsehoods contained on Manafort's loan applications.
Melinda James, a Citizens Bank mortgage loan assistant, testified Manafort told the bank that a New York City property would be used as a second residence, but she found it listed as a rental on a real estate website. That distinction matters because banks regard loans for rental, or investment, properties as riskier and may impose restrictions, including on how much money they're willing to lend.
Jurors saw an email from Manafort to his son-in-law, Jeffrey Yohai, in which he advised him that an appraiser was looking to schedule a visit to the property.
"Remember, he believes that you and Jessica are living there," Manafort wrote in the email, referencing his daughter.
Airbnb executive Darin Evenson also told jurors that one of Manafort's New York City properties was offered as a rental through much of 2015 and 2016 – a direct contradiction of the documents the longtime political consultant submitted to obtain a $3.4 million loan.
Manafort also asserted on a loan application that he did not have a mortgage on a separate New York property, even though he actually did, and signed paperwork indicating he understood that he could face criminal penalties for providing false information to the bank.