Speed Reads

investigations

Report: Manafort facing another money-laundering probe

Federal prosecutors in Manhattan are collaborating with Special Counsel Robert Mueller's team to investigate suspected money laundering by President Trump's former campaign chairman, Paul Manafort, several people familiar with the matter told The Wall Street Journal.

New York Attorney General Eric Schneiderman's office has its own ongoing investigation into Manafort and money laundering, and the special counsel team has communicated with Schneiderman, WSJ reports. Manafort has previously denied any wrongdoing, and his spokesman declined to comment to WSJ.

Federal prosecutors in Brooklyn are pursuing a parallel investigation into Kushner Cos., owned by the family of Trump's son-in-law, Jared Kushner. Trump has reportedly interviewed potential candidates to lead the U.S. attorney's offices in Manhattan and Brooklyn, with one having ties to his personal attorney and the other to his friend Rudy Giuliani.