Former Trump Campaign Chairman to Pay $3.15 Million in Civil Case Settlement

Paul Manafort, the former chairman of Donald Trump’s 2016 presidential campaign, has agreed to pay $3.15 million to settle a civil case filed by the Justice Department over undeclared foreign bank accounts.

When the civil case was filed in April 2022, prosecutors alleged that Manafort had failed to disclose more than 20 offshore bank accounts he ordered opened in the United Kingdom, Cyprus, St. Vincent and the Grenadines.

The government sought an order for Manafort to pay fines, penalties and interest, alleging he had failed to file federal tax documents detailing the accounts and failed to disclose the money on his income tax returns. The government said false tax returns were filed from 2006-2015 and that the Treasury Department had notified Manafort of the fines and assessment in July 2020.

Read the source article at apnews.com