Cyprus company #sues ex-Trump #campaign #manager #Manafort for #financial #fraud

President Donald Trump’s former campaign manager Paul Manafort faced a new legal headache on Wednesday after a Cyprus-based company sued him and his business partner Richard Gates over allegations they committed financial fraud by misappropriating millions of dollars.

Surf Horizon filed its claim against Manafort and Gates in New York state Supreme Court, saying they had misappropriated more than $18.9 million that the company had invested in Ukrainian telecom companies known collectively as the “Black Sea Cable.”

Manafort and Gates are already under criminal indictment by Special Counsel Robert Mueller, who has accused them of failing to register as foreign agents, conspiring to commit money launder and conspiring to defraud the United States.


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