When will it end?
A new lawsuit has been filed by The Justice Department against Paul Manafort, former Trump campaign chairman. In the suit, it is alleged that he did not report his financial interests currently held in foreign countries.
The lawsuit which was filed Thursday, states Manafort’s “willful failure to timely report his financial
interest in foreign bank accounts.” The allegation is that he did not report over 20 offshore accounts between 2006 and 2014.
As a result of the suit, he could face penalties of nearly $3 million.
Prosecutors have also alleged that Manafort has not filed the required reports for foreign bank and financial accounts in 2013 and 2014.
The Justice Department noted that at the time DMP International, Manafort’s firm, had deposits in accounts in Cyprus, St. Vincent, and the Grenadines, as well as the United Kingdom.
This is not the first time Manafort has been thrust into the limelight; in 2018 he was sentenced to more than seven years in prison over tax and bank fraud charges. In December 2020 he was pardoned by then-President Trump.