[caption id="" align="alignright" width="400"] Former Trump Campaign Chairman Paul Manafort, left, leaves his home in Alexandria, Va., on Oct. 30, 2017, in Washington. (AP Photo/Andrew Harnik)[/caption]
(CN) - President Donald Trump's former campaign chairman, Paul Manafort, and a longtime business associate were charged Monday in a 12-count indictment stemming from the probe of Russian interference in the 2016 election.
Both men entered pleas of not guilty. Manafort was released on $10 million bail, while Rick Gates, Manafort's business associate, was released on a $5 million unsecured appearance bond on the condition that they comply with a home confinement program and do daily check-ins by phone.
The indictment includes charges of conspiracy against the U.S., being an unregistered agent of a foreign principal, making false statements, money laundering and failing to pay taxes on millions earned as a lobbyist for the former Ukrainian government.
There is no mention in the 31-page document of the 2016 campaign or President Trump.
Prosecutors revealed separately on Monday that George Papadopoulos, one of the early foreign policy advisers to Mr. Trump’s presidential campaign, pleaded guilty earlier this month to lying to the FBI about his contact with a Russian professor tied to Kremlin officials.
Manafort left his Alexandria, Virginia, home early Monday morning in the company of his attorney, and surrendered to the FBI in Washington shortly after 8 a.m.
Rick Gates, a former business associate of Manafort's, was also told to surrender to federal authorities, but it was unclear by midmorning whether he had done so.
According to the indictment, Manafort and Gates worked as unregistered foreign agents for the Ukrainian government between 2006 and 2015, and ran a 10-year money-laundering scheme to hide their income.
The pair funneled $75 million into offshore accounts, the charging document states.
The two are also accused of hiding the existence of the accounts, including from the government and their tax preparers.
"Manafort used his hidden overseas wealth to enjoy a lavish lifestyle in the United States, without paying taxes on that income," the indictment states. Manafort allegedly laundered $18 million, and used it to buy multimillion dollar properties in the U.S., as well as luxury goods for himself and his extended family.
"Manafort then borrowed millions of dollars in loans using these properties as collateral, thereby obtaining cash in the United States without reporting and paying taxes on the income," the document says.
It says Gates assisted Manafort in obtaining money from the offshore accounts and used money from them to pay his mortgage, pay his children's tuition and redecorate his Virginia home.