Paul Manafort’s conviction Tuesday in Virginia on financial fraud-related charges didn’t lead him to lose his sprawling Bridgehampton estate, but he could forced to forfeit the home and his other New York properties if found guilty on other charges in a trial set for next month.
President Donald Trump’s former campaign chairman faces a second criminal trial on charges including conspiracy to launder money, failure to register as a foreign agent and obstruction of justice. It is scheduled to begin Sept. 17 in Washington, D.C.
Manafort owns a 5,574-square-foot, 10-bedroom home on Jobs Lane in Bridgehampton, a condominium in SoHo in Manhattan and a brownstone in Carroll Gardens in Brooklyn, according to a superseding indictment filed in June.
Manafort faced two trials because his alleged crimes were committed in different jurisdictions. His cases could have been combined but his legal team opted to keep them divided.
His real estate is subject to forfeiture only in relation to counts to be considered in the Washington trial.
Manafort's second trial is expected to address allegations that he wired money from offshore accounts to buy properties in the United States and to pay for goods and services that included landscaping for his Hamptons home.
More than $75 million flowed through the offshore accounts, and Manafort, with the help of former business partner and Trump campaign adviser Rick Gates, laundered more than $30 million, the Washington indictment by special counsel Robert Mueller alleges.
According to the indictment, Manafort wired significant amounts of money to Hamptons businesses, including:
- More than $5.4 million from Cyprus to a home improvement company.
- More than $655,000 from Cyprus to a landscaper.
- More than $164,000 from Cyprus, the United Kingdom and the Grenadines to another landscaper.
- More than $112,000 to an audio and video company.
Manafort has pleaded not guilty.
Testimony about his Bridgehampton estate also figured in the Virginia trial that just ended.
Michael Regolizio of New Leaf Maintenance in Southampton testified that Manafort hired him to care for a large pond with a waterfall, 14-foot hedges and a bed of red and white flowers near the driveway that formed an “M” shape.
Regolizio said Manafort was the only client to pay via international wire transfer, noting that most use credit cards. He said Manafort spent more than $450,000 over four years.
Prosecutors also told jurors Manafort paid more than $503,000 to Scott L. Wilson Landscaping in Wainscott and more than $20,000 to Sensoryphile in Southampton for a video and karaoke system.
Last Christmas, a federal judge permitted Manafort to spend the holiday with family in Bridgehampton and East Hampton. He had been on house arrest at his Alexandria, Virginia, home.