Former bank CEO charged with loaning millions to Paul Manafort in exchange for help getting a Trump White House job PUBLISHED 24 MIN AGOUPDATED MOMENTS AGO Christina Wilkie @CHRISTINAWILKIE KEY POINTS Stephen Calk, the Chicago-based former CEO of Federal Savings Bank, has been indicted on charges that he loaned former Trump campaign chair Paul Manafort millions of dollars in exchange for Manafort’s help securing a high-level Trump administration position for Calk.
According to prosecutors, Manafort received three separate home loans from Federal Savings Bank in 2016 and 2017, valued at up to $16 million.
In exchange for the loans, Manafort secured a spot on a prestigious Trump campaign committee for Calk, and helped get him a formal interview with the Trump transition team, although Calk wasn’t ultimately offered a job.