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Manafort banker convicted in bribery scheme
Source: Politico
A Chicago banker who arranged $16 million in loans for former Trump campaign chairman Paul Manafort was found guilty Tuesday on charges of seeking to trade the loans for positions on the Trump campaign and in the Trump administration.
A jury returned guilty verdicts on two felony counts against former Federal Savings Bank CEO Stephen Calk after a three-week trial in federal court in New York, the U.S. Attorney’s Office there said in a statement.
Jurors deliberated for less than a day before returning the verdicts.
Prosecutors alleged that Calk pushed to approve the loans to Manafort while seeking a post on the Trump campaign’s Economic Advisory Board and sought a series of Cabinet posts and other jobs after Trump’s win in November 2016, all while continuing to urge more lending to the lobbyist and high-flying political consultant whose career imploded soon after Trump took office
A jury returned guilty verdicts on two felony counts against former Federal Savings Bank CEO Stephen Calk after a three-week trial in federal court in New York, the U.S. Attorney’s Office there said in a statement.
Jurors deliberated for less than a day before returning the verdicts.
Prosecutors alleged that Calk pushed to approve the loans to Manafort while seeking a post on the Trump campaign’s Economic Advisory Board and sought a series of Cabinet posts and other jobs after Trump’s win in November 2016, all while continuing to urge more lending to the lobbyist and high-flying political consultant whose career imploded soon after Trump took office
Read more: https://www.politico.com/news/2021/07/13/manafort-banker-convicted-in-bribery-scheme-499549
