Former Donald Trump presidential campaign manager Paul Manafort — who is looking at extended prison time for lying to federal investigators — transferred sole legal ownership of his million dollar Florida mansion to his wife while he sat in a Virginia jail awaiting his sentencing date.
According to Forbes, the Florida Palm Beach Gardens estate was purchased by Manafort and his wife, Kathleen, in 2007 for $1.5 million and they renovated the property in 2011. Located 15 miles north of President Donald Trump’s luxury Mar-a-Lago resort, the home was not included in the properties Manafort agreed to forfeit as part of his now-endangered September plea deal.
Forbes said property records show the signing-over of the deed of the 5-bedroom house took place on October 25 at the Virginia prison where Manafort is being held and that his wife paid $10 to complete the transaction.
According to former federal prosecutor Barbara McQuade, Manafort’s move is in line with his promise that he made that wanted to provide for his family when he made his plea deal.
“He has stated his goal is to make sure his family is taken care of,” said McQuade. “That might have been what he was trying to do.”
Despite the renovation and seven years having passed since it was purchased, the home is currently valued at $1.3 million by home site Zillow.