Manafort forfeits luxury homes (and more) under plea deal
Former Trump campaign chair Paul Manafort pleaded guilty Friday to two federal crimes as part of a plea deal in which he agreed to cooperate with the special counsel’s Russia probe.
Manafort, a high-rolling political consultant brought low, also agreed to forfeit big bank accounts, life insurance and more as part of his plea deal on Friday with special counsel Robert Mueller.
THE HAMPTONS ESTATE
Manafort agreed to surrender his 5,564-square-foot estate in the Hamptons community of Water Mill, a summer playground of the rich and famous on New York’s Long Island. The property valued at more than $7 million features 10 bedrooms and six bathrooms, according to online listings. It also features an in-ground swimming pool and tennis and basketball courts.
THE BROOKLYN BROWNSTONE
Manafort will have to give up a brownstone, valued at more than $4 million, which he owns in the Carroll Gardens section of Brooklyn, one of the most expensive neighborhoods in the borough.
MANHATTAN APARTMENTS
He will have to forfeit a fourth-floor apartment in a building in Manhattan’s SoHo neighborhood, an apartment in Chinatown and a condominium he owns in Trump Tower. An earlier court filing had mentioned surrendering a home in Virginia, but the signed cooperation agreement swapped that address with the Trump Tower condominium.
BANK ACCOUNTS AND LIFE INSURANCE POLICY:
Manafort will have to give up the money from three of his bank accounts — two at the Federal Savings Bank and one from Capital One — as well as a life insurance policy.
https://apnews.com/532ee30846b84dd896219287d0000533/Manafort-forfeits-luxury-homes-under-plea-deal