Published: May 23, 2019
A bank CEO, Stephen Calk, has been indicted for approving loans for former Trump campaign chairman Paul Manafort, hoping to get a job in the administration.
According to NBC News:
“As alleged, Stephen M. Calk abused the power entrusted to him as the top official of a federally insured bank by approving millions of dollars in high-risk loans in an effort to secure a personal benefit, namely an appointment as Secretary of the Army or another similarly high-level position in the incoming presidential administration,” Acting U.S. Attorney Audrey Strauss said in a statement.
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