Chris Hayes discusses the days top news. Another round of Election Sabotage is underway. And the trump official who says his warnings about the psychological damage of separated families was ignored. Good evening, from new york, i am chris hayes. Paul manafort is a shrewd liar so says the prosecution in the Opening Statement in the trial. Opening statement and even the testimony of first witness hours ago, Paul Manafort facing 18 counts. Bank fraud, tax evaluation, and conspiracy charges. Work with should note which predated his duties on the campaign of donald trump. And zoe fillman. I wrote down the word astonishing greed. We knew the outline of this tale from the indictment and court documents. But another thing to hear it lay out in court. This scheme Whereby Manafort was earning 16 million. But instead of taking the money in a wire transfer, he concocted this elaborate scheme to accept it in loans which werent really loans all to evade taxes. And interestingly, when his client was
Chris Hayes discusses the days top news. Allegations in the u. S. So we talked about this sort of circumventing the american tax system. Overseas payments and overseas Bank Accounts and never reported which is what is alleged. What is the bank fraud part of the case. It is the prosecutors allege that after 2014, when the spigot of cash was turned off, he needed to fund his lavish lifestyle. What he had was Real Estate Holdings that he purchased through the bogus loans. What he did, was he began overstating the value of these property. Faking a profit and loss statement for his company. Showing cash that he didnt have for bankers including while he was chairman of the campaign. They call it bank c and that is
the kind of fraud that they are alleging. Prosecutors are going to show that in fact it was false. Zoe, tad davine was there. He was a partner with manafort in his work in ukraine, what did he have to say . So tad talked about being brought in starting in 2005 to head Media Strateg
the kind of fraud that they are alleging. prosecutors are going to show that in fact it was false. zoe, tad davine was there. he was a partner with manafort in his work in ukraine, what did he have to say? so tad talked about being brought in starting in 2005 to head media strategy for the pro russia ukraine political party, the party of regions that manafort worked for. davine talked about emails he exchanged with manafort detailing the extent of his work, the contract that he signed.
and some of this evidence was evidence that manafort asked the judge to keep out of the trial, argued that getting too much into yanukovych might prejudice the jury. there is no agreement between the parties about how manafort made his money. how much money he made, where it came from. so this was relevant. and davine s testimony illustrated what appeared to be central tension. exactly how hands on manafort was in his business. whether he was the day-to-day, he knew everything that was going on. the questions from prosecutors tried to get at this idea of manafort as very hands-on. very involved in every aspect of his busy, trying to counter perhaps the defense narrative that manafort was high level and entrusted his financial dealings with his associates like rick gates and he thought even was going to do what they were supposed to with his finances and no intent to mislead any u.s. officials.
needed to fund his lavish lifestyle. what he had was real estate holdings that he purchased through the bogus loans. what he did, was he began overstating the value of these property. faking a profit and loss statement for his company. showing cash that he didn t have for bankers including while he was chairman of the campaign. they call it bank c and that is the kind of fraud that they are alleging. prosecutors are going to show that in fact it was false. zoe, tad davine was there. he was a partner with manafort in his work in ukraine, what did