Rick Gates testifies on Paul Manafort's tax and bank fraud trial

Gates, who is cooperating with prosecutors in the trial of Trump's former campaign chairman, testified that Manafort directed him to report overseas income as loans in order to lower his taxable income.

Rick Gates, a former campaign aide to President Donald Trump, testified on Monday at his former business partner Paul Manafort's tax and bank fraud trial that he assisted Manafort in filing false tax returns.

Gates, who is cooperating with prosecutors in the trial of Trump's former campaign chairman, testified that Manafort directed him to report overseas income as loans in order to lower his taxable income.

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