Bank CEO Stephen Calk accused of bribing Paul Manafort for Trump administration job

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A bank CEO has been accused of approving millions of dollars in high-risk mortgage loans in an attempt to land a job in the administration of President Donald Trump. Stephen M. Calk, founder and.

Stephen Calk, a former economic adviser to President Donald Trump’s 2016 presidential campaign, was indicted Thursday for allegedly approving $16 million in loans to former Trump campaign chairman.

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The charge against Chicago banker Stephen Calk grew out of. with bribery for seeking a post in the Trump administration in return for. campaign chairman Paul Manafort, who received millions of dollars in. accused Manafort of lying to three lenders, including Calk's bank, to obtain $20 million in loans.

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By Sarah N. Lynch and Nathan Layne (Reuters) – The head of a Chicago-based bank was charged in an indictment unsealed on Thursday with bribery and accused of approving $16 million in high-risk loans to President Donald Trump’s former campaign chairman Paul Manafort in a scheme to land a top Trump administration post such as secretary of the U.S. Army.

The head of a bank is accused of approving loans in exchange for a job in. Savings Bank CEO Stephen Calk for financial institution bribery.. Paul Manafort was a campaign manager for Donald Trump's 2016 election bid.

Stephen Calk, ex-CEO of a Chicago bank is charged with using bank loans to bribe his way into a top trump administration job By Lynn Sweet May 23, 2019, 8:43pm CDT Share this story

Regulators have barred Stephen Calk. bank – pending the outcome of federal bribery charges for allegedly issuing $16 million in high-risk loans to former Trump campaign chairman Paul Manafort in.

Photo by Spencer Platt/Getty Images WASHINGTON – Chicago banker Stephen Calk failed to leverage $16 million in risky loans to Paul Manafort, President Donald Trump’s former campaign manager, into a.

A former bank CEO is accused of bribing Trump campaign chair Paul Manafort with $16 million in loans in exchange for a top White House position he never received Kelly McLaughlin May 24, 2019, 1:17 AM

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Stephen Calk, the 54-year-old founder and CEO of Federal Savings Bank of Chicago, is accused of attempting to leverage about $16 million in high-risk loans to Manafort to obtain a position in the Trump administration.