Assistant U.S. Attorney Uzo Asonye told the jury that Manafort considered himself above the law as he funneled tens of millions of dollars through offshore accounts to pay for personal expenses such as a $21,000 watch and a $15,000 jacket made of ostrich.
Paul Manafort orchestrated a multimillion-dollar conspiracy to evade US tax and banking laws, leaving behind a trail of lies as he lived a lavish lifestyle, prosecutors said Tuesday as they laid out their case against the former Trump campaign chairman.
But after initially fighting the charges, Gates pleaded guilty in February and has been cooperating with the special counsel's office since then.
Manafort worked for the Trump campaign for five months in 2016, rising to campaign chairman.
Defense attorney Thomas Zehnle focused much of his opening statement on the question of trust, particularly the trust that Manafort placed in his former right-hand man, Rick Gates.
Gates was originally charged along with Manafort, but he eventually reached a plea deal and agreed to cooperate with the government.
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In fact, the skepticism from economists has centred more on whether strong GDP growth would be sustainable after a few quarters. Excluding the tariffs-related bump, analysts estimate the economy probably grew at a 2.5 percent pace in the second quarter.
"My guess is you will see OJ-type frenzy at this court event", said Michael Caputo, a former Trump aide and longtime Manafort associate, referring to the 1995 OJ Simpson murder case.
The trial is expected to last about three weeks.
"The evidence will show that he knowingly filed false tax returns", Asonye said, accusing Manafort of lying to the IRS and his "bookkeepers" in order to hide millions of dollars from his work in Ukraine.
Lawyers in the case of former Trump campaign chairman Paul Manafort offered opening arguments on Tuesday in the first major trial brought by Special Counsel Robert Mueller, and both sides told jurors there was a liar at the heart of the case.
On Tuesday morning, Judge Ellis rejected Mr. Manafort's request to bar prosecutors' use of about 50 documents from Mr. Manafort's years of consulting work in Ukraine.
Ellis has scolded members of Mueller's team before, asserting back in May that the team was really interested in targeting President Trump.
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The guns produced on 3D printers are made nearly entirely out of ABS plastic, the same material used to make Lego bricks. Washington state Attorney General Bob Ferguson speaking at the 2017 GeekWire Summit.
That task comes as the president and his lawyer-spokesperson, Rudy Giuliani, have intensified their attempts to undermine the Mueller investigation in the court of public opinion and as the US president continues to waffle on whether he'll sit for a private interview with prosecutors.
"Paul Manafort shouldn't be here", he added.
Prosecutors say the evidence is also necessary to illustrate Manafort's relationship with the oligarchs who supported the Party of Regions and who paid him through foreign bank accounts. He says agents spotted Manafort inside after they entered.
Just before 2 p.m., prosecutors and defense attorneys finalized the twelve men and women who will serve as jurors, as well as four alternates.
An activist holds a picture of former Trump campaign chair Paul Manafort during a protest outside the Albert V. Bryan United States Courthouse.
"When a prosecutor looks into those dealings and uncovers evidence of criminal culpability", said Stanford law professor David Alan Sklansky, "it doesn't make sense to ask him to avert his eyes". So far, 32 people and three companies have been charged by Mr Mueller.
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He also claims the massive plunge stemmed from "federal securities law violations from the defendants". Many of those lawsuits have been reportedly consolidated in the federal court in San Francisco.