raking in millions of dollars for their work for pro-putin interests overseas, and instead according to the indictment they are engaged here in a mad scramble to get their hands on cash, a lot of cash, millions of dollars in cash in a very short period of time. in late 2015 and early 2016 they weren t trying to earn new business for their company, at least not what we know of. the way they were trying to get money is they were trying to use the assets manafort had. chiefly they were trying to use real estate assets manafort already had in this country to try to extract cash from those assets. they were going to bank after bank after bank putting up manafort s various houses and apartments as collateral to trial try to get cash, multi-million dollar loans. why do they need all that cash? i don t know.
name, but disentangling it, right up through that time when he s having that inexplicable mad scramble to get his hand on millions of dollars in cash he was in debt to russian interests tuesday the tune of about $17 million, including $7.8 million he owed to a russian oligarch that s very close to putin. he s been denied a vicea to the united states because of what the government believes his links to organized crime. manafort was in hot to this guy for nearly $8 million. part of the scheme that was describing yesterday s indictment is sometimes manafort and gates would call something a loan when it was really just money being paid to them, and that was part of their tax evasion scheme.
in this case to oleg deripaska, this $8 million, it really looks like that was a loan. at least it really looks like oleg deripaska expected to get that money back from manafort and rick gates. and we know that because he tried to get it back. he sued manafort and gates in the cayman islands to try get back millions of dollars he says they stole from him. they were all supposed to be investing in something together, but he said manafort and gates ran off with millions of dollars of his money. in 2015 he moved that lawsuit from the cayman islands to the u.s., to virginia. he was really going after manafort and gates for millions of dollars he said they stole from him and they needed to pay back. again, august 2015 he moves that case to virginia. once that case moves to the united states they end up deposing manafort and rick gates in that case because deripaska
obtaining surreptitious money, millions of dollars worth of it, laundering that money and lying about it. so there s enormous liability facing them both, and gates is in a position to talk about a great deal. congressman, in the past week we ve seen a remarkable amount of activity from the special counsel s office. i ve probably got the math wrong, but by my best count i think we ve seen 89 felony charges brought against 17 people in the course of a week. and now we ve got the deputy trump campaign chairman pleading guilty f guilty. through the indictments wave seen through the past week or so aside from the legal jeopardy these folks may be facing, big picture do you feel like the special counsel s investigation has now told us more than we knew before about the central question, about the russian attack, about if they had help?
anybody on earth was the central question of what was going on between the trump campaign and russia? and now he s mueller s star cooperating witness. ta-da! like i said what did you get done in the past week? that s what mueller did. we ll be right back. oh, that s lovely. so graceful. the corkscrew spin, flawless. .his signature move, the flying dutchman. poetry in motion. and there it is, the baby bird . breathtaking. a sumo wrestler figure skating? surprising. what s not surprising? how much money heather saved by switching to geico. fifteen minutes could save you fifteen percent or more.