October 31, 2017
Partner Jaimie Nawaday
commented on the money laundering charges filed against President Donald Trump’s one-time campaign chairman Paul Manafort in the Buzzfeed article “Here's What Happens When A Determined Prosecutor Wants Your Testimony.” The money laundering allegations featured among 12 counts unveiled by Special Counsel Robert Mueller on October 30.
“The Department of Justice likes money-laundering charges because they allow a greater possible range of forfeited assets than, say, a fraud charge,” Jaimie said. “A money-laundering count is more likely to put pressure on the person charged. In addition to going to jail, he could lose a lot more property and assets.”
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