NY prosecutors announce Manafort indictment minutes after federal sentencing

CNBC | 3/13/2019 | Jacob Pramuk
ArceusArceus (Posted by) Level 3
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New York prosecutors Wednesday announced the indictment of President Donald Trump's former campaign chief, Paul Manafort, only minutes after his sentencing in a federal case.

The 16 charges unveiled by Manhattan District Attorney Cy Vance relate to mortgage fraud, conspiracy and falsifying business records.

One - Law - New - York - Vance

"No one is beyond the law in New York," Vance said in a statement. Manafort's alleged actions "strike at the heart of New York's sovereign interests, including the integrity of our residential mortgage market," Vance added.

Click here to read the indictment.

Trump - Pardon - Power - State - Charges

Crucially, Trump does not have pardon power for state charges.

Trump has not explicitly ruled out pardoning his former campaign official. But the president has lambasted the special counsel's Russia probe as a "witch hunt," and in recent days has appeared to criticize investigations in New York related to his business empire.

White - House - Spokeswoman

White House spokeswoman...
(Excerpt) Read more at: CNBC
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