A federal grand jury indicted Rep. Duncan Hunter (R-CA) and his wife on charges of improperly using hundreds of thousands of campaign funds to pay for personal expenses, including family vacations and dental work. He is also accused of filing false campaign reports and wire fraud. The case may cost Republicans a badly needed House seat.
Regardless of the outcome of the charges against Paul Manafort now being considered by a federal jury in Virginia, the special counsel’s office has almost three times the number of exhibits it wants to show a jury in Manafort’s next criminal trial.
In an about-face, U.S. Rep. Chris Collins (R-NY) is ending his re-election bid days after he was charged with insider trading. He was indicted Wednesday on charges he passed inside information about a biotechnology company to family members so they could profit from illicit trades. Collins had said he would remain on the ballot and fight the charges.
Rep. Christopher Collins (R-NY), an early backer of President Trump, was charged with participating in an insider-trading scheme to sell shares of an Australian biotechnology company before the public disclosure of a failed drug trial. He intends to stand for re-election.
As the trial of Paul Manafort, President Trump’s former campaign chairman, begins in Virginia, the prosecution accuses Manafort of filing falsified loan applications. The defense is putting the blame on former Manafort business partner Rick Gates.
The case is expected to include tales of lavish spending, secret shell companies and millions of dollars of Ukrainian money flowing through offshore bank accounts and into the political consultant’s pocket. There is not likely to be much discussion of the Trump campaign’s dealings with Russia.
Federal prosecutions of importers for fraud increased by 900 percent between 2000 and 2016, according to a study in the Oregon Review of International Law. But the government has barely scratched the surface of criminal activity that has cost millions of dollars in lost revenue and endangered the health of Americans, say the authors.