Manafort accountant asked at trial about loan from Russian oligarch

ALEXANDRIA, Va. (Reuters) – An accountant for Paul Manafort, U.S. President Donald Trump’s former campaign chairman, was asked by a prosecutor on Monday at Manafort’s trial on tax and bank fraud charges about a $10 million loan from Russian oligarch Oleg Deripaska.

The accountant, Cindy Laporta, testified she was unaware if the loan, which the prosecutor said was “supposedly made in 2006,” was recognized as income.

Reporting by Nathan Layne; Writing by Eric Beech; Editing by Mohammad Zargham

Read Entire Article On Reuters


Author: HEDGE

Hedge Accordingly was founded ahead of the global financial crisis in January of 2008, with the goal of providing our readers our unique take on The Latest News on Wall Street, Stocks, #Politics and Business news. Hedge Accordingly produces both original, and aggregated #Wallst news content from top publishers around the world. We curate aggregated content covering the latest news on politics, stocks, wall street, and the tech industry. We also provide free stock charting, quotes and a bitcoin, forex and currency exchange. Learn More About