Delaware Public Media

Delaware AG seeks to dissolve LLCs owned by Manafort, Gates and Cohen

Sep 19, 2019

Delaware’s Attorney General is looking to dissolve a list of limited liability companies linked to criminal activity. Several of the shell companies are owned by Paul Manafort, Richard Gates and Michael Cohen.   

 

 

Kathy Jennings announced Thursday her office has filed six complaints in the state’s Court of Chancery calling for the dissolution of 15 fraudulent business entities registered in Delaware.

The actions go after six companies owned by former Donald Trump campaign chairman Paul Manafort and Richard Gates. 

The two were indicted as part of Robert Mueller’s Special Counsel investigation and pleaded guilty in 2018 to money laundering and other charges. Manafort was also convicted of tax and bank fraud charges by a jury in 2018. 

The two used the six companies to conceal about $1.4 million from the IRS in personal income taxes.

Jennings is also looking to dissolve the LLC former-Trump Attorney Michael Cohen admitted to using to facilitate a payment of $130,000 to adult film actress Stormy Daniels who claimed to have an affair with then-candidate Trump.

Former Attorney General Matt Denn made a similar move last year against the Delaware LLC Backpage.com and three other entities for associations with allegations of child sex trafficking. 

All four entities later pled guilty in federal and state court to child sex trafficking charges and conspiracy to commit money laundering.