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Manafort earned $60M from Ukrainian consulting work, prosecutors say

Manafort earned $60M from Ukrainian consulting work, prosecutors say

Associated Press reporter Eric Tucker says Manafort seemed calm and prepared for the court proceedings.

The trial of Donald Trump's ex-election campaign chief is set to begin, the first to emerge from an inquiry into Russian meddling in the vote. Mueller was not present in the courtroom Tuesday.

Court papers allege that he "generated tens of millions of dollars in income" from his work in Ukraine and "engaged in a scheme to hide income from United States authorities". His longtime business partner Rick Gates faces numerous same charges.

President Donald Trump followed the opening day of the trial of his former campaign chief Paul Manafort closely, officials told CNN on Tuesday. Manafort became wealthy from the "cash spigot" that came from working for his "golden goose in Ukraine", former President Viktor Yanukovych, Asonye said.

"Money's coming in fast". "That's what Rick Gates was being paid to do". "Accordingly, to prove that Manafort earned that much income, the government must be able to show the extent of the work that he performed for Ukraine".

The attorneys argued Gates was the one who transferred all the money into accounts, including consulting fees collected from Ukrainian political figures. He created "bogus" loans, falsified documents and lied to his tax preparer and bookkeeper to hide the money, which he obtained from Ukrainian oligarchs through a series of shell company transfers and later from fraudulently obtained bank loans in the US, prosecutors said.

Zehnle described Gates as the "point person" for Manafort's consultancy on tax and financial issues.

As campaign chairman, Manafort was responsible for all aspects of Trump's White House bid, including shoring up delegate support.

Manafort, who is in custody, sat quietly with his defense lawyers.

Gates, a longtime business associate of Manafort and a onetime senior Trump campaign aide, pleaded guilty in February to two felony counts: conspiracy against the USA and lying to federal authorities. "We do not dispute that". Opening statements were expected later in the afternoon.

Mueller's team is expected to have up to 35 people testify in the Virginia trial, including former Manafort business partner and Trump campaign deputy Rick Gates.

Prosecutors have said they don't plan during Manafort's fraud trial to offer evidence related to the Russian Federation case, or make many references to Manafort's association with the Trump campaign.

While the trial may touch on Manafort's communications during the campaign with his partners in the former Soviet bloc, the trial is not expected to focus on campaign ties to Russian Federation.

"There was No Collusion (except by Crooked Hillary and the Democrats)!" He was in the hot seat when Mr Trump eventually won the Republican nomination, and organised the Republican convention in July 2016.

Judge T.S. Ellis III offered some humorous encouragement to the jurors chosen for the trial, which is expected to last about three weeks. One of those companies has pleaded not guilty and is fighting the allegations in federal court in Washington. It involves allegations that he acted as an unregistered foreign agent for Ukrainian interests and made false statements to the USA government. He has pleaded not guilty. But Butina also appeared to have had a broader mission, The Daily Beast reports, detailing an encounter in which Butina urged legendary USA financial executive Maurice "Hank" Greenberg to pour more money into the secretly insolvent Russian bank Investtorgbank, leaving observers "shocked and disturbed" at her audacity.

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