Aug 7, 2018

Gates details Manafort's tax evasion tactics on day 6 of trial

Rick Gates, a former top official in Trump's campaign, leaves the Federal courthouse on Tuesday. Photo: Evelyn Hockstein/For The Washington Post via Getty Images

Rick Gates, the former right-hand man to Paul Manafort, recounted to jurors in court Tuesday how he and his longtime boss had used bank accounts and over a dozen offshore shell companies in Cyprus to evade taxes on millions of dollars in income from the IRS, reports the AP.

Why it matters: Gates is the star witness against Manafort, who is the first person to go on trial as a result of Special Counsel Robert Mueller's Russian probe. However, his trial is separate from Mueller's investigation. Manafort and Gates were the first two people indicted by the special counsel.

The details: Prosecutors had summoned Gates, who has reportedly been cooperating with Mueller, to detail how he and Manafort orchestrated an elaborate offshore tax-evasion and bank fraud scheme. According to the AP, Gates described the schemes: "In Cyprus, they were documented as loans. In reality, it was basically money moving between accounts."

  • Gates, laying responsibility on Manafort for a series of financial crimes, told jurors he repeatedly fabricated financial documents at the request of his boss, who was concerned about the amount of money he was paying in taxes.

Gates disclosed that he had about 20 meetings with Mueller and admitted to committing wrongdoing on his own — including embezzling hundreds of thousands of dollars without Manafort’s knowledge. Gates said he submitted an expense report to President Trump’s inaugural committee for reimbursement, conceding he may have received payment for something he shouldn’t have, per the Washington Post.

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In photos: India welcomes president with massive "Namaste Trump" rally

First Lady Melania Trump, President Trump and India's Prime Minister Narendra Modi attend the "Namaste Trump" rally at Sardar Patel Stadium in Motera, on the outskirts of Ahmedabad, on Monday. Photo: Mandel Ngan/AFP via Getty Images

President Trump told a massive crowd at a rally in Ahmedabad, northwest India, Monday he hopes to reach a trade deal with his ""true friend" Prime Minister Narendra Modi during his two-day visit to the country "except he's a very tough negotiator."

Why it matters: The countries are forging deeper ties, particularly in the military dimension, as India’s location, size and economic growth making it the "obvious counterweight to China" for American policymakers, per Axios' Dave Lawler and Zachary Basu. Prime Minister Narendra Modi demonstrated the importance of the visit with a "Namaste Trump Rally" at a packed 110,000-capacity Sardar Patel Stadium in Ahmedabad — the world's largest cricket venue.

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Coronavirus spreads to more countries as cases in South Korea surge

Data: The Center for Systems Science and Engineering at Johns Hopkins, the CDC, and China's Health Ministry. Note: China numbers are for the mainland only and U.S. numbers include repatriated citizens.

Afghanistan, Kuwait and Bahrain each reported their first cases of the novel coronavirus, Al Jazeera first reported, as infections in South Korea, Italy and mainland China continued to increase on Monday.

The big picture: As South Korea and Italy stepped up emergency measures in efforts to thwart the spread of the virus, World Health Organization officials expressed concern about infections with no clear link to China. COVID-19 has killed at least 2,619 people and infected almost 80,000 others, with all but 27 deaths occurring in mainland China.

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Sanders reveals free childcare plan for preschoolers

Democratic presidential candidate Sen. Bernie Sanders speaks during a campaign rally on Saturday in El Paso, Texas. Photo: Cengiz Yar/Getty Images

Democratic presidential candidate Sen. Bernie Sanders announced on CBS' "60 Minutes" Sunday a new plan to guarantee free child care and pre-kindergarten to all American children from infancy to age four.

Details: In the wide-ranging interview, Sanders told Anderson Cooper he planned to pay for universal childcare with a wealth tax. "It's taxes on billionaires," he said.

Go deeperArrowUpdated 6 hours ago - Politics & Policy