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Stock impact report

The feds now own a condo in Trump Tower, thanks to Paul Manafort [CNN]

UBS Group AG Registered Ordinary Shares (UBS) 
Company Research Source: CNN
The feds now own a condo in Trump Tower, thanks to Paul Manafort Washington (CNN) Judge Amy Berman Jackson's order was the final move seizing the apartment from former Trump campaign chairman Paul Manafort and his wife Kathleen after he admitted to illegal foreign lobbying and money laundering and was convicted by a jury of fraud and other financial crimes during the Mueller probe. Manafort is now serving a prison sentence in western Pennsylvania. RELATED: Mueller speaks, but he's still an enigma Manafort bought the 1,500-square foot, 2-bed, 2.5-bath Fifth Avenue condo more than a decade ago for $3.675 million through a shell company that hid his riches from US authorities. He used it as a home base for years when he traveled to New York and when he led the Trump campaign. His residence there was even part of Manafort's pitch to Trump to hire him in 2016, according to The New York Times. Read More In 2015, Manafort and his wife mortgaged it for $3 million, when his long-successful Ukr Show less Read more
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