Due To Math Error, Paul Manafort Owes The U.S. Gov’t An Additional $682k

Screengrab/MSNBC/YouTube

An "arithmetical error" by the special counsel's office initially left out $682,000 from Manafort's restitution total.

Former Trump campaign chairman Paul Manafort owes quite a bit in restitution to the victims of his many fraud schemes, but according to a Wednesday court filing, the total is even more than he was initially told.

Law & Crime reported that due to an “arithmetical error” by special counsel Robert Mueller’s office, Manafort owes an additional $682,000.

The filing with the U.S. District Court for the Eastern District of Virginia (EDVA) indicated that $25,497,487.60 is the correct amount, as opposed to the $24,815,108.74 Manafort was ordered to pay by the government.

The court filing stated:

On March 12, 2019, the government submitted a proposed restitution order to the Court that identified the total amount of restitution as $24,815,108.74 with $2,577,724.80 owed to Citizens Bank. The Court signed the restitution order on March 13, 2019. After the Court signed the restitution order, the government identified an arithmetical or other clear error in the restitution order concerning the amount of restitution owed to Citizens Bank. The actual amount of restitution owed to Citizens Bank is $3,260,103.66, which is the outstanding principal balance on [a posh condominium in New York City’s über posh Soho neighborhood]

Law & Crime noted that “Manafort was convicted on a series of bank fraud offenses by an Alexandria, Virginia jury last summer in part due to his use of the Soho condominium a high-priced Airbnb rental unit. On a loan application, however, Manafort told the bank that he would be living at the property.”

The Mandatory Victims Restitution Act dictates that Manafort must pay back the bank’s losses, in this case meaning “the outstanding balance of a mortgage loan and personal line of credit taken out against the property.”

Manafort’s attorneys appear unconcerned with the latest development, but their client is apparently not cooperating:

“The government has conferred with defense counsel and they have no objection to the language or form of the attached proposed corrected restitution order,” the filing says. “Nevertheless, Mr. Manafort continues to decline to sign the corrected restitution order as he did the original restitution order.”

Read more.

Comments