Former Donald Trump campaign manager Paul Manafort agreed to pay $3.15 million to settle a civil case brought by the Justice Department over undeclared foreign bank accounts, Axios reports. The lawsuit alleged that Manafort failed to report over 20 foreign bank accounts that he controlled in countries including Cyprus, the United Kingdom, St. Vincent and the Grenadines, in 2013 and 2014. The government asked that Manafort to pay penalties, fines and interest in response “for his willful failure to timely report his financial interest in foreign bank accounts."
Details of the settlement were announced in documents filed in U.S. District Court for the Southern District of Florida. Manafort was sentenced to 7 and one-half years in prison in 2019 after being convicted on criminal tax, conspiracy and bank fraud charges as a result of special counsel Robert Mueller's investigation into potential Russian interference in the 2016 election. Trump pardoned Manafort in 2020, shortly before leaving office.
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