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Detailed text transcripts for TV channel - CNN - 20180803:04:22:00 - Vimarsana News

Detailed text transcripts for TV channel - CNN - 20180803:04:22:00

Too. these are the details prosecutors are putting out for the jury. >> as much as the defense shows the bad guy -- >> her exact quote was he approved every penny of everything we paid. not only that, the bookkeeper describes in details how manafort lied to the banks. prosecutors show a side by side of documents. one where the book keeper told one bank that manafort's company lost more than $1 million in 2016. manafort, he sent the same person at that same bank a different financial statement saying his company actually made $3 million by around the same time period. prosecutors are priming th...

Detailed text transcripts for TV channel - CNN - 20180802:21:43:00 - Vimarsana News

Detailed text transcripts for TV channel - CNN - 20180802:21:43:00

Prosecutors are making their case against the former trump campaign chairman paul manafort charged with tax and banking crimes. they are laying out his record of luxury expenses revealing he spent millions of dollars on home electronics and landscaping. evan perez is over at the federal courthouse. what are you learning about how manafort was financing this truly lavish lifestyle? >> reporter: wolf, we are getting a clearer picture now from his book keeper, from his tax preparer about the greater financial picture that paul manafort had beginning in 2011 and 2012 when he was making over a mill...

Detailed text transcripts for TV channel - CNN - 20180802:23:22:00 - Vimarsana News

Detailed text transcripts for TV channel - CNN - 20180802:23:22:00

Paul manafort saw a lot of money to be gained in places like ukraine and sort of desperate characters and actors who had access to a lot of money. frankly, he also saw that in donald trump. the notion of like this guy is about to win it looks like the republican nomination. he is loving this kind of attention. he is loving the train that he is on. how much money can i make from him? it is part of the american political consultant class. it's really surprising. >> april, again, this issue of being broke. compared to what we heard today from the book keeper and some of the landscapers and others...

Detailed text transcripts for TV channel - CNN - 20180802:20:33:00 - Vimarsana News

Detailed text transcripts for TV channel - CNN - 20180802:20:33:00

To his book keeper, trying to account for some of the money that he was moving from overseas into the united states. and then he started taking out loans on some of the properties that he had bought. he was even going so far as producing doctored receipts and invoices to try to show where this money was coming from. one of the things that the emerging theme we are seeing from prosecutors is to try to show that paul manafort was not only lying to the i.r.s., but lying to some of the vendors and his book keepers. this is building towards the big witness which is rick gates. we expect that prosec...

Detailed text transcripts for TV channel - CNN - 20180802:20:32:00 - Vimarsana News

Detailed text transcripts for TV channel - CNN - 20180802:20:32:00

Book keeper has been on the stand all afternoon. she says despite the fact that manafort once made millions she said by 2016 he was flat out broke and had maxed out all of his credit lines. she said on the stand that that led paul manafort and his business associate at the time, rick gates, to send fake inflated invoices and business statements to banks in order to get loans. that goes to the heart of prosecutors' argument here for bank fraud. >> let's bring in evan perez. prosecutors honed in on how manafort allegedly moved money around. tell us about that. >> reporter: once paul manafort was...