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TicToc by Bloomberg @tictoc
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Manafort’s former right-hand man Rick Gates is once again testifying about how helped his boss conceal millions of dollars and defraud banks that provided loans bloom.bg/2OTJsIO
Gates began his testimony Monday with an account of how he spent a decade with Manafort in Ukraine, where he said they were paid by wealthy businessmen there. They wired money into Cyprus accounts, and Gates helped Manafort move it to the U.S., he said bloom.bg/2OTJsIO
Prosecutors say they’ll question Gates for about 3 more hours, and then he’s expected to undergo a grueling cross-examination by lawyers for Manafort, Trump’s former campaign chairman bloom.bg/2OTJsIO
Defense lawyers have told jurors that Gates, and not Manafort, was the mastermind behind the financial deceptions described by prosecutors bloom.bg/2OTJsIO
Gates, who pleaded guilty and is cooperating with Mueller, admitted Monday that he stole hundreds of thousands of dollars from his boss. Manafort’s lawyers said he stole millions bloom.bg/2OTJsIO
Tensions have been high between U.S. District Judge T.S. Ellis III and Mueller’s prosecutors. At one point, the judge suggested that one of Mueller’s prosecutors was crying during a discussion out of the jury’s earshot bloom.bg/2OTJsIO
Here's what happened during the first 4 days of the Manafort trial in Virginia bloom.bg/2M3W7dB
Yesterday, Gates testified against Manafort for the first time. Here's what he said bloom.bg/2M3W7dB
In today's testimony, Gates described to jurors how he and Manafort used shell companies and accounts in Cyprus to hide millions.

"The purpose of these entities was to accept payments and make payments," Gates said in federal court bloom.bg/2ORq1Qz
Gates says Manafort never wanted his name to appear on Cyprus accounts he used to receive payments from Ukrainian businessmen who paid him for political consulting work there for former President Viktor Yanukovych and his Party of Regions bloom.bg/2ORq1Qz
The Gates testimony goes to the heart of Mueller's case, who must show Manafort controlled the offshore accounts they say he used to hide most of the $60 million he earned in Ukraine from 2010 to 2014 bloom.bg/2ORq1Qz
In April 2015, Manafort sent Gates an email expressing dismay at a U.S. tax bill he faced:

"Rick, I just saw this. WTF? How could I be blindsided like this? You told me you were on top of this. We need to discuss options. This is a disaster" bloom.bg/2ORq1Qz
Under cross-examination, Rick Gates admitted to stealing from Manafort to pay for an extra-marital affair bloom.bg/2AR2P25
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