⁍ Stephen Calk, 55, the former CEO of Federal Savings Bank in Chicago, is accused of approving $16 million in high-risk loans.
⁍ He is accused of approving the loans in exchange for help getting a position in the Trump administration.
– A former bank CEO accused of bribing President Trump’s former campaign chairman Paul Manafort urged a Manhattan federal judge to press forward with his December trial despite prosecutors’ concerns over the need to quarantine out of state witnesses. Lawyers for Stephen Calk, 55, the former CEO of Federal Savings Bank in Chicago, who has been accused of approving $16 million in high-risk loans to Manafort in exchange for help getting a position in the Trump administration, told US District Judge Lorna Schofield that their client hopes to go to trial Dec. 2 as scheduled, reports Westlaw Today.
Source: https://www.reuters.com/article/banking-calk-trial/quarantines-may-delay-bribery-trial-of-paul-manaforts-banker-idUSL1N2GB29R