Thread by @TheLoyalO

#ManafortTrial Day 7:

Summary:

✅Gates testimony ends.

✅Testimony from FBI accountant -CPA & Certified Fraud Examiner M. Magionos

✅Testimony from IRS agent M. Welch (admitted as expert witness)

✅Judge Ellis: "Judges should be patient...I'm not.”

✅8 witnesses left.

1/4

#ManafortTrial Day 7 cont.

Gates testimony:

✅In 2014 FBI interview about Yankovych, he disclosed offshore accounts but not hidden ones.

✅Manafort asked him to meet w/Lyovochkin (pro-Russia politician) re: payments.

✅"No doubt at all [no plea agreement if he lies]."

2/4

#ManafortTrial Day 7 cont.

FBI accountant Magionos:

✅31 foreign accounts owned by Manafort, Gates or Kilimnik (pro-Russia politician).

✅Emails from Manafort re: international wire xfers.

✅Paid >$60M via foreign accounts.

✅FARA filing inconsistent w/tax returns.

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#ManafortTrial Day 7 cont.

IRS agent Michael Welch (admitted as expert):

✅Manafort didn't report or pay taxes on >$15.5M paid to vendors (conservative estimate).

✅Falsely classified loans as income, including classifying $1.5M income as a loan.

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