Manafort Bank Pal denied acquittal of corruption conviction

By Bonnie Eslinger (Jan. 11, 2022, 7:32 p.m. EST) – Former Federal Savings Bank CEO Stephen Calk on Tuesday lost his acquittal of his conviction for bribery and conspiracy linked to $ 16 million in loans which he granted to Paul Manafort in the hope of securing a high-level post in the Trump administration.

Calk, who was convicted in July of bribery at a financial institution and conspiracy charges, argued the jury’s verdict was based on insufficient evidence, according to Tuesday’s order.

US District Judge Lorna G. Schofield disagreed, saying the government case showed “beyond a reasonable doubt that Calk acted with requisite criminal intent – in particular that Calk sought and. ..

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