August 2, 2018 / 7:25 PM / 3 months ago

Bookkeeper says Manafort firm gave inflated income figure in loan bid

WASHINGTON (Reuters) - Rick Gates, a longtime associate of one-time Trump campaign chairman Paul Manafort, provided an inflated income figure to a Banc of California executive as part of Manafort’s efforts to get a loan, a bookkeeper testified at trial on Thursday.

Heather Washkuhn, a bookkeeper for Manafort, testified that a March 2016 email sent to the bank executive listing a net income of $4.45 million (3.42 million pounds)for Manafort’s consulting company for 2015 was incorrect.

Washkuhn said her company had calculated net income of about $400,000 for Manafort’s consulting company for that year.

Reporting by Nathan Layne; editing by David Alexander and Doina Chiacu

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