Federal prosecutors charge banker with trying to buy himself a role in President Donald Trump's administration by making risky loans to former Trump campaign chairman Paul Manafort.
NEW YORK — Federal prosecutors have charged a banker with trying to buy himself a role in President Donald Trump’s administration by making risky loans to former Trump campaign chairman Paul Manafort.He is scheduled to appear in Manhattan federal court in the afternoon.Authorities said Calk committed the crime while serving as CEO of The Federal Savings Bank in Chicago.
Federal prosecutors described the charge in a release, saying Calk abused his bank position by approving millions of dollars in high risk loans that were ultimately downgraded.AP NEWS
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