Govt Intends to Call 8 More Witnesses in Manafort Trial

Rick Gates says he and Manafort disguised foreign income as loans

Rick Gates says he and Manafort disguised foreign income as loans

Rick Gates wrapped up his testimony Wednesday in the trial of his onetime friend and boss, former Trump campaign manager Paul Manafort, reiterating that the two men conspired to lie on their taxes and defraud banks.

In testimony Tuesday, Gates laid responsibility squarely at Manafort's feet for a series of crimes, as he described to jurors how he repeatedly submitted fake financial documents at Manafort's behest as his former boss became concerned he was paying too much in taxes and, later, that his funds were drying up.

Mr Gates recounted how he and Mr Manafort used more than a dozen offshore shell companies and bank accounts in Cyprus to funnel the money, all while concealing the accounts and the income from the IRS.

FBI forensic accountant Morgan Magionos walked jurors through her special counsel-ordained investigation that revealed how Manafort purchased luxury goods back in the USA through foreign bank accounts.

Federal Bureau of Investigation forensic accountant Morgan Magionos used charts, emails from Manafort to his lawyers in Cyprus, and other corroborating documents to detail how Manafort funneled roughly $15 million from hidden offshore accounts to purchase home electronic installations, real estate, fancy clothing, such as the now-infamous $15,000 ostrich-skin jacket, and other luxuries from 2010 to 2014.

The prosecution produced an undated email exchange between Mr Manafort and Mr Gates which outlines the amount of tax the campaign chief might have to pay.

Testimony resumes Thursday at 9:30 a.m. ET in Alexandria, Virginia, and the government is expected to rest by Friday.

As part of his plea agreement to cooperate with prosecutors, Gates also admitted to lying to investigators from the special counsel's office - a fact Downing also seized upon.

So far, 18 witnesses have testified in the former Trump campaign chairman's trial.

Gates said he did, but the defense lawyer wasn't satisfied.

But Downing wasn't able to re-ask Gates the question about four extramarital affairs.

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La muerte de Margot Kidder , la inolvidable actriz que interpretó a Louise Lane en la saga Superman , fue un suicidio . En 1996 tuvo un episodio de amnesia en el que desapareció durante tres días cuando se dirigía al aeropuerto.

Gates on Monday admitted he stole hundreds of thousands of dollars from Manafort by filing false bank statements.

Prosecutor Greg Andres objected to the question before Gates could answer.

Manafort's political work included advising Viktor Yanukovich on policy after he won the Ukrainian presidency, Gates said.

All three testified that Manafort and Gates failed to tell them about the foreign holdings in Cyprus. They made a mistake when they confirmed me.

"After all the lies you've told, and the fraud you've committed, you expect the jury will believe you?"

He also said Manafort had asked him to disguise income as loans. Gates came on board the Trump campaign with Manafort and stayed for the duration of the campaign, later serving as deputy chairman for Trump's inaugural committee and then starting a pro-Trump PAC. In one example, Manafort and Gates emailed each other copies of a doctored profit and loss statement they later sent a bank to help Manafort obtain a loan.

While Gates and others have pleaded guilty, Manafort has refused to strike a deal and legal experts say he may be holding out hopes of a pardon from Trump.

"There is a period of time over 10 years ago when I had a relationship, yes", Gates said.

Numerous jurors have diligently taken notes throughout the proceedings, peering down into small monitors in front of them to scrutinize bank and tax documents.

Gates added that Manafort also wanted to give the businessman a heads-up about the FBI's interest in the offshore accounts as part of the US government's efforts to recover assets stolen under former Ukrainian President Viktor Yanukovych.

After Gates testified that Manafort was "pretty good about knowing" where his money was, Ellis couldn't suppress a quip that appeared to call into question Gates' testimony.

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