Paul Manafort’s plea-deal property forfeiture excludes South Florida country club pad

Federal prosecutors omitted the Palm Beach Gardens residence in a proposed order detailing properties and bank accounts that President Trump's former campaign chairman agreed to forfeit as part of a plea deal

TRD MIAMI /
Oct.October 06, 2018 10:00 AM

Paul Manafort and his house at 10 St. James Drive in Palm Beach Gardens (Credit: Redfin, Getty Images)

Paul Manafort, the former campaign chairman for President Trump, will forfeit his New York homes as part of a plea deal but will keep his house at a gated South Florida country club community.

Federal prosecutors filed a proposed order on Friday detailing bank accounts and properties that Manafort agreed to forfeit, and his Palm Beach Gardens residence was absent from the order.

The 5,231-square-foot house is in BallenIsles, a gated community in Palm Beach Gardens. Manafort has been registered to vote at the address of the Palm Beach Gardens house, 10 St. James Drive, since 2011.

He and his wife bought the house in 2007 for $1.5 million.

Manafort’s homes in New York, valued at $22 million, will be auctioned by the U.S. Marshall’s office. His homes in New York include a Brooklyn brownstone, a SoHo loft, an apartment in lower Manhattan, a residence in the Hamptons and a 43rd-floor apartment in Trump Tower.

He agreed last month to cooperate with special counsel Robert Mueller and pleaded guilty to charges arising from his consulting work in Ukraine for pro-Russia politicians.

Manafort pleaded guilty to two charges of conspiracy, and prosecutors dismissed five other charges that included money laundering and violations of a disclosure requirements in a lobbying law.

Prior to the plea deal, a jury in another case found Manafort guilty of eight counts of bank fraud, tax fraud and failure to disclose a foreign bank account. He is incarcerated and awaiting sentencing. [Palm Beach Post] Mike Seemuth


Related Articles

arrow_forward_ios
Waterway Café (Facebook)

Waterway Cafe in Palm Beach Gardens sells for $13M

Waterway Cafe in Palm Beach Gardens sells for $13M
Jeff Bezos and 700 Lincoln Road (Getty, Lincoln Road BID)

Amazon to open store on Lincoln Road

Amazon to open store on Lincoln Road
NAI/Merin Hunter Codman Chairman Neil Merin and Golden Bear Plaza

Golden Bear Plaza office complex in Palm Beach Gardens sells for $50M

Golden Bear Plaza office complex in Palm Beach Gardens sells for $50M
Stephen Gravett, CEO of Kennedy Homes and a rendering of Trevi Isle home community

Kennedy Homes sells Palm Beach Gardens community amid allegations of mismanagement

Kennedy Homes sells Palm Beach Gardens community amid allegations of mismanagement
Gables Town Colony apartment complex, Sue Ansel of Gables Residential

Gables Residential scores $85M loan for Boca Raton apartment complex

Gables Residential scores $85M loan for Boca Raton apartment complex
Ara K. Hovnanian

K. Hovnanian to build homes at Avenir in Palm Beach Gardens

K. Hovnanian to build homes at Avenir in Palm Beach Gardens
The health conscious grocer Earth Fare will close its stores

Earth Fare will close South Florida stores

Earth Fare will close South Florida stores
Louis Oosthuizen and 12230 Tillinghast Circle (Credit: Getty Images and Realtor)

Pro golfer Louis Oosthuizen sells Palm Beach Gardens home

Pro golfer Louis Oosthuizen sells Palm Beach Gardens home
arrow_forward_ios

The Deal's newsletters give you the latest scoops, fresh headlines, marketing data, and things to know within the industry.

Loading...