Manafort pleads not guilty to latest charges in Mueller investigation

03/08/18 07:11 PM EST

By Aruna Viswanatha

Trial for tax and bank fraud set for July, ahead of money-laundering trial in September

Paul Manafort, President Donald Trump's former campaign chairman, pleaded not guilty to tax and bank fraud charges in federal court in Virginia on Thursday, setting up the prospect of back-to-back trials stretching through the summer into Manafort's business dealings.

U.S. District Judge T.S. Ellis scheduled the trial to begin on July 10. Prosecutors asked for the trial to come before a related trial Manafort is set to face in Washington in September, while Manafort requested a November date.

Ellis also placed Manafort under home-confinement requirements in addition to those imposed by the Washington court, including an additional bracelet monitor, saying Manafort had substantial assets and ties abroad. "He is a risk of flight," the judge said.

Manafort's plea came days after his former business partner, Richard Gates, pleaded guilty in connection with the Washington case and agreed to cooperate in special counsel Robert Mueller's investigation into Russian meddling in the 2016 election.

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(END) Dow Jones Newswires

03-08-18 1911ET

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