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Headline Roundup August 4th, 2018

Manafort Accountant Testifies About Incorrect Tax Filings

Summary from the AllSides News Team

The first week of Paul Manafort's trial came to an end Friday, with several witnesses who had claimed Manafort as a client testifying in front of the 12-person jury throughout the week. On Friday, one of his former accountants testified that she had been instructed to falsely claim $900,000 in income as a business loan, therefore easing some of the tax burden on Manafort. The trial is expected to resume Monday.

Featured Coverage of this Story

Manafort Accountant Testifies Tax Returns Contained False Information
Manafort Accountant Testifies Tax Returns Contained False Information

Wall Street Journal (News)

News

Laporta says former Trump campaign chairman improperly cut his tax liability by classifying millions in income as loans.

Open on Wall Street Journal (News)
Accountants testify Manafort inflated loans, failed to disclose foreign accounts
News

One of Paul Manafort’s accountants testified Friday that she went along with falsifying his tax records because she was afraid to confront a longtime client.

Open on Washington Post
Jury gets peek into Manafort's lavish lifestyle, discrepancies in financial records
News

The 12-member jury who will decide former Trump campaign chairman Paul Manafort’s future were given an intimate look this week at his seven-figure lifestyle and financial records, which the government say when taken together, provide evidence he was hiding millions of dollars of income from tax authorities.

Open on Washington Examiner

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