Federal and state prosecutors in New York are taking a close look at Paul Manafort's business and financial dealings in investigations separate from the one by Special Counsel Robert Mueller which recently handed down an indictment against the former Trump campaign chairman.
[Manhattan District Attorney Cyrus Vance Jr.'s prosecutors] investigating Paul Manafort’s New York business activities are scheduling interviews with 10 to 20 of his work associates and lenders, including Stephen Calk, whose Chicago-based bank provided millions of dollars in loans on Manafort family properties.
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Vance started his investigation into Manafort in the spring and now has teams of investigators and prosecutors searching for evidence of possible tax evasion, falsification of business records or potential larceny involving bank deception...
Besides Manafort, investigators are examining real estate transactions involving his immediate family and former son in law...
Stephen Calk is the Chief Executive Officer of Federal Savings Bank and listed himself on LinkedIn as Senior Economic Advisor to the President elect of the United States from August 2016 until January 2017.
Calk’s bank...made three loans that benefited Manafort totaling $16 million. One went to a company affiliated with Manafort in late 2016 and two went to Manafort and his wife in early 2017.
At the same time, New York Attorney General Eric Schneiderman also is investigating Manafort for potential money laundering.
What's most interesting about the state investigation is that President Trump would not be able to pardon Manafort if he is found guilty of state crimes. A presidential pardon only works on the federal level.
Full story: Manafort Bankers, Associates Summoned to Talk to Manhattan D.A. (Bloomberg Politics)