Crime
CONTACTStaffCAREER OPPORTUNITIESADVERTISE WITH USPRIVACY POLICYPRIVACY PREFERENCESTERMS OF USELEGAL NOTICE
© 2024 Pride Publishing Inc.
All Rights reserved
All Rights reserved
By continuing to use our site, you agree to our Private Policy and Terms of Use.
The former campaign manager for President Trump hid millions of dollars offshore, according to prosecutors.
August 03 2018 1:28 PM EST
March 12 2019 3:12 AM EST
Reuters reports that an accountant who prepared tax returns for U.S. President Donald Trump's one-time election campaign chairman Paul Manafort resumes trial testimony on Friday. This after saying the day before that Manafort never told him that he had foreign bank accounts.
Prosecutors are expected to present to a jury detailed financial evidence they say proves Manafort hid from U.S. tax authorities millions of dollars of income. Manafort earned the income working for pro-Russian politicians in Ukraine and lied to banks to get loans.
Philip Ayliff is an accountant with KWC. He told jurors on Thursday the lack of accurate information would lead to an incorrect tax return. It was an issue he paid close attention to since 2010. Ayliff said, that's when the U.S. Treasury Department ramped up its enforcement of a law requiring U.S. disclosure by American citizens of their overseas bank accounts.
Latest Stories
Kamala Harris rides wave of Democratic energy at kickoff event in Wisconsin
July 23 2024 3:36 PM
'Devastated:' A six-week abortion ban will go into effect in Iowa next week
July 23 2024 2:28 PM
Four hours, 44,000 Black women, and one Zoom call
July 23 2024 2:17 PM
Record 1.2 million people show out for Cologne’s Pride parade
July 23 2024 10:51 AM
Here's how far-right activist Leonard Leo helped fund Bud Light boycott
July 23 2024 10:27 AM
Elon Musk’s comments about his trans daughter prove why she doesn’t speak to him
July 23 2024 9:16 AM
Nancy Pelosi endorses Kamala Harris for president
July 22 2024 4:07 PM