Baz Ares
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Judge rejects Manafort's request to modify bail terms
A judge on Thursday rejected a motion from former Trump campaign chair
Paul Manafort to modify the terms of his bail agreement.
U.S. District Court Judge Amy Berman Jackson wrote in court documents that Manafort's proposal to pledge his property in Alexandria, Va., as part of his $10 million bond was "unsatisfactory" as the property is already pledged as collateral for a loan on one of Manafort's other properties.
Berman also ruled that Manafort must prove he is current with his mortgage payments on another property located on New York's Fifth Avenue in order for it to be pledged as part of his bond.
Manafort had offered four properties to secure his bond, including the Alexandria condo, a property in Arlington, Virginia, and two properties in Manhattan. One of those is an apartment in Trump Tower.
The judge did not mention it in her order Thursday but prosecutors have alleged that Manafort obtained the $10.5 million loan under false pretenses by using "doctored" financial statements for his consulting business.
"At the next bail hearing, we can proffer to the Court additional evidence related to this and the other bank frauds and conspiracies, which the Court may find relevant to the bail risk posed by Manafort," they continued.
Judge rejects Manafort's request to modify bail terms
and
Judge rejects Manafort's latest bail offer
Wheee!
Go, Mueller.... get this Criminal in jail soonest.
A judge on Thursday rejected a motion from former Trump campaign chair
Paul Manafort to modify the terms of his bail agreement.
U.S. District Court Judge Amy Berman Jackson wrote in court documents that Manafort's proposal to pledge his property in Alexandria, Va., as part of his $10 million bond was "unsatisfactory" as the property is already pledged as collateral for a loan on one of Manafort's other properties.
Berman also ruled that Manafort must prove he is current with his mortgage payments on another property located on New York's Fifth Avenue in order for it to be pledged as part of his bond.
Manafort had offered four properties to secure his bond, including the Alexandria condo, a property in Arlington, Virginia, and two properties in Manhattan. One of those is an apartment in Trump Tower.
The judge did not mention it in her order Thursday but prosecutors have alleged that Manafort obtained the $10.5 million loan under false pretenses by using "doctored" financial statements for his consulting business.
"At the next bail hearing, we can proffer to the Court additional evidence related to this and the other bank frauds and conspiracies, which the Court may find relevant to the bail risk posed by Manafort," they continued.
Judge rejects Manafort's request to modify bail terms
and
Judge rejects Manafort's latest bail offer
Wheee!
Go, Mueller.... get this Criminal in jail soonest.
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