And while we were fixated on the Russian indictments...

Special counsel Robert Mueller’s office has told a federal judge it has found evidence that Paul Manafort, the former Trump campaign chairman, committed bank fraud not addressed by the indictment last October in which he was charged with money laundering and failure to register as a foreign agent.

As legal wrangling continues over a $10 million bail package for Manafort, prosecutors this week accused him of submitting false information to a bank in connection with one of his mortgages.

  Politico

Perhaps they were informed by Rick Gates, who is apparently now cooperating with Mueller's investigation.

No criminal charges are known to have been filed over the alleged fraud, and Mueller’s office does not say in the filing whether it intends to bring any.

The filing by Mueller’s office says Manafort obtained a mortgage using “doctored profit and loss statements” overstating “by millions of dollars” the income for his consulting company, DMP International. Prosecutors appear to be referring to a $9.5 million mortgage that Federal Savings Bank of Chicago extended in late 2016 to a Manafort-linked firm, Summerbreeze LLC.

Gee, who else do we know who regularly overstates his income and secured a huge loan after being turned down by Deutsche Bank, not from a different bank, but from a different department of Deutsche Bank? 

Prosecutors’ references to “conspiracies” suggest that someone beyond Manafort was involved in the alleged fraud, but no further details were given.

[...]

A report in The Wall Street Journal last year said investigators from the office of New York Attorney General Eric Schneiderman were examining loans that Manafort obtained in connection with various real estate transactions, including mortgages issued by Federal Savings Bank. That and other articles also noted that the bank’s chairman, Stephen Calk, was an economic adviser to the Trump campaign.

If you're interested, here's a post from last summer about Mr. Calk, Federal Savings Bank, and Paul Manafort.

...but hey, do what you want...you will anyway.

Money Laundering and Hijinx

Twenty four percent??! And to one guy??! Let me guess. Was this Deutsche Bank?

New York prosecutors have demanded records relating to up to $16 million in loans that a bank run by a former campaign adviser for President Donald Trump made to former campaign chairman Paul Manafort, according to a person familiar with the matter.

  WSJ

Oh Lordy. Maybe even better.

The subpoena by the Manhattan district attorney’s office to the Federal Savings Bank, a small Chicago bank run by Steve Calk, sought information on loans the bank issued in November and January to Mr. Manafort and his wife, the person said. The loans were secured by two properties in New York and a condominium in Virginia, real-estate records show.

Asked about the subpoena Monday, Mr. Calk said he had no comment.

Oh, boy, I bet he didn't.

A spokesman for Mr. Manafort declined to comment.

One of the smarter guys in the Trump Cabal.

Mr. Manafort hasn’t been accused of wrongdoing and has said any suggestion that he coordinated with Russia is unfounded.

For now, Dude, for now.

The Wall Street Journal reported in May that Manhattan District Attorney Cyrus R. Vance Jr. and New York Attorney General Eric Schneiderman had begun examining real-estate transactions by Mr. Manafort [...] for indications of money-laundering and fraud, people familiar with the matters have said.

Why on earth would they suspect that?

Mr. Calk was a member of Mr. Trump’s economic advisory panel who overlapped with Mr. Manafort on the Trump campaign.

Oh, my. Imagine that.

Mr. Calk has previously said that the loans to Mr. Manafort were standard with more than sufficient collateral.

For 24% of your bank's equity??

Mr. Manafort’s Brooklyn townhouse was in foreclosure after a loan against the property, which was used for [his] son-in-law’s project elsewhere, went into default, a lawyer working with Mr. Manafort has said. Loans for the son-in-law’s California projects also went into default last year, jeopardizing $4.2 million that Mr. Manafort, his wife and daughter had put into those projects, real-estate and bankruptcy court records show.

MORE than sufficient collateral.  (Another "son-in-law" scandal.)

As part of its probe into Mr. Manafort, the New York attorney general’s office in recent weeks sought information about investment deals involving his son-in-law in New York, a person familiar with the matter said. The son-in-law, Jeffrey Yohai, was accused in a civil suit in New York in November of defrauding a photographer of a $2.9 million investment.

Jesus, the lack of integrity surrounding the Trump Cabal is awesome. A barrel of snakes.

Mr. Yohai couldn't be reached for comment.

No I bet he couldn't. If they're smart, they're all on that private cruise with Rob Goldstone.

 ...but hey, do what you want...you will anyway.

UPDATE 2/17/18:  Mueller (who was indicted in the special prosecutor's probe in October)  has now filed a bank fraud charge against Manafort.