NPR

Feds Say Chicago Banker Loaned Manafort Money In Hopes Of Trump Administration Job

A grand jury in New York City returned an indictment against Stephen Calk, who made $16 million in loans to Paul Manafort allegedly with the hope of a Cabinet post or diplomatic appointment.
Stephen Calk, chairman of the Federal Savings Bank in Chicago, has been charged in an alleged bribery scheme to secure a spot in the Trump administration.

Prosecutors unsealed bribery charges Thursday against a Chicago banker who made loans to Paul Manafort allegedly expecting they would help him get a top job in the Trump administration.

A grand jury in Manhattan returned an indictment against Stephen Calk, chairman of Federal Savings Bank, in a case with strong echoes of the earlier ones made against Manafort, who has since been convicted and sentenced

You’re reading a preview, subscribe to read more.

More from NPR

NPR6 min read
A New Face, And New Chapter, In R&B's Unstoppable Rap Makeover
Dallas singer 4batz rose from obscurity to a breathlessly awaited debut in barely a year — but his arrival is part of a tense exchange between hip-hop and R&B more than a decade in the making.
NPR2 min read
Biden Warns He'll Halt Israel Weapons Shipments; The Kendrick And Drake Beef Explained
Biden says he will halt additional weapons shipments to Israel if it proceeds with a major ground offensive in Rafah. NPR music editor Sheldon Pearce breaks down the Kendrick Lamar/Drake beef.
NPR3 min read
FTX Says It Will Return Money To Most Of Its Customers
FTX says that nearly all of its customers will receive the money back that they are owed, two years after the cryptocurrency exchange imploded, and some will get more than that.

Related Books & Audiobooks