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Manafort firm gave inflated income figure in loan bid, says Bookkeeper

Heather Washkuhn, a bookkeeper for Manafort, testified that a March 2016 email sent to the bank executive listing a net income of $4.45 million for Manafort's consulting company for 2015 was incorrect.


Reuters Last Updated at 03 Aug 2018, 01:08 IST United States

Rick Gates, a longtime associate of one-time Trump campaign chairman Paul Manafort, provided an inflated income figure to a Banc of California executive as part of Manafort's efforts to get a loan, a bookkeeper testified at trial on Thursday.

Heather Washkuhn, a bookkeeper for Manafort, testified that a March 2016 email sent to the bank executive listing a net income of $4.45 million for Manafort's consulting company for 2015 was incorrect.

Washkuhn said her company had calculated net income of about $400,000 for Manafort's consulting company for that year.

(This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.)


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