Manafort pleads guilty, will cooperate with Mueller investigation

Paul Manafort pleads guilty

WASHINGTON, DC (RNN/AP) - Paul Manafort entered a guilty plea to federal crimes Friday morning and has cut a plea deal to cooperate with investigators.

Manafort, who was President Donald Trump's former campaign manager, was under investigation by Special Counsel Robert Mueller.

Prosecutor Andrew Weissman said in court Friday that Manafort had struck a "cooperation agreement."

The plea deal requires Manafort to cooperate "fully and truthfully" with the probe into Mueller's probe into Russian interference in the 2016 presidential election.

He will admit to depositing money into offshore accounts to hide his income from the IRS. It's related to his consulting work with the former president of Ukraine.

The plea will cancel his trial on the charges, which was to begin Sept. 24.

Rudy Giuliani, who is a member of Trump's legal team, claims the plea deal has nothing to do with the president.

Copyright 2018 Raycom News Network. All rights reserved. The Associated Press contributed to this report.