The special counsel has indicated Paul Manafort is preparing to plead guilty today in US District Court in Washington, DC, ahead of the start of his second trial..
Manafort will plead guilty to one count of conspiracy against the US and one count of conspiracy to obstruct justice due to attempts to tamper with witnesses, according to a court filing Friday.
It is not yet known if Manafort will cooperate with the special counsel's office in the investigation of Russian interference in the 2016 presidential election.
President Donald Trump is not mentioned in Friday's filing, nor is Manafort's role in his campaign.
Prosecutors will drop the five remaining charges against Manafort, including money laundering, tax fraud, failing to disclose foreign bank accounts, violating federal foreign lobbying law and lying to the Department of Justice. But the court filing suggests Manafort admits to the actions.
Manafort had faced seven charges in Washington and faces another 10 possible charges in Virginia which had been declared in mistrial. He's already been convicted on eight counts of bank and tax fraud crimes in the Virginia trial.
The White House has distanced itself from Manafort and downplayed his time leading the Trump campaign. But but last month, Trump expressed sympathy for him.
"I feel very badly for Paul Manafort and his wonderful family," the President tweeted the week of Manafort's conviction in his Virginia trial. "'Justice' took a 12 year old tax case, among other things, applied tremendous pressure on him and, unlike Michael Cohen, he refused to 'break' - make up stories in order to get a 'deal.' Such respect for a brave man!"
In their filing, prosecutors describe Manafort's scheme to take in more than $60 million from pro-Russian Ukrainians and launder that money to avoid paying taxes. He appears to admit to the allegations he faced in both Virginia federal court and DC district court, describing his use of offshore bank accounts to move the money, deceive his accountants and bookkeeper and then spend the money on lavish purchases and real estate.
He also will admit to lying to banks about his assets to gain new loans as a way to supplement his income, according to the filing.
"Manafort cheated the United States out of over $15 million in taxes," the filing states, adding that in order to commit the crimes, he relied on help from both his longtime deputy Rick Gates and the Russian Konstantin Kilimnik.
Jury selection was set to begin next week
Friday's plea deal comes just three days ahead of when jury selection was set to begin.
As part of the run-up to the second trial, Manafort's lawyers filed hundreds of pages in court to fight prosecutors' allegations -- having brought two appeals unsuccessfully -- and his legal fees mounted to more than $1 million, according to two people familiar with his case.
Manafort, Trump's top political operative from May to August 2016, has long been considered one of the bigger fish for Muller's office. In addition to the financial and lobbying charges against Manafort, the special counsel's team has said it's investigating allegations he colluded with Russia while working for Trump.
Over the past several months, Manafort's legal options slimmed as the special counsel notched several wins against him, including sending him to jail, securing several cooperators and gaining convictions.
Manafort's case marked the first indictment in Mueller's investigation. The allegations revealed last October reiterated a year of news reports that Manafort had secretly funneled income from Ukrainian lobbying contacts for years.
After his arrest in October, he was detained by the court in his Alexandria, Virginia, home for more than eight months.
Then in February, prosecutors filed new mortgage and tax fraud charges against him weeks after they discovered he was offering to secure his bail with homes tied up in his alleged mortgage fraud.
Prosecutors also gained the cooperation of his longtime associate Rick Gates, who had been indicted alongside him. Gates pleaded guilty in February to helping Manafort use bank accounts in Cyprus and Grenadines to hide millions they had made while lobbying for Ukrainian politicians. Gates testified against Manafort in the Virginia trial, saying his former boss had directed him to commit the fraud.
The special counsel's office added a second potential cooperator against Manafort in late August when another lobbyist for the Ukrainians, Sam Patten, pleaded guilty to a foreign lobbying charge. Patten worked with Manafort's Russian associate Kilimnik through 2017 and admitted in court to illegally using a straw purchaser to buy Trump inaugural tickets for an oligarch.