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Paul Manafort found guilty on eight counts of financial crimes

The jury was unable to reach a verdict on the remaining 10 counts, and the judge declared a mistrial on those charges. He faces a second criminal trial next month in Washington
10:03, 22 August 2018

Open source

President Donald Trump's former campaign chairman Paul Manafort has been found guilty on eight counts of financial crimes, New York Times reported. 

After a 16-day trial Manafort was found guilty of five tax fraud charges, one charge of hiding foreign bank accounts, and two counts of bank fraud. The jury was unable to reach a verdict on the remaining 10 counts, and the judge declared a mistrial on those charges.

Jury finds Paul Manafort guilty on 8 of 18 counts from CNBC.

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"Mr. Manafort is disappointed of not getting acquittals all the way through or a complete hung jury on all counts," Manafort’s attorney Kevin Downing told reporters. However, he would like to thank Judge Ellis for granting him a fair trial, thank the jury for their very long and hard-fought deliberations. He is evaluating all of his options at this point. Thank you everyone."

Among the prosecution's witnesses was Manafort's former business associate, Rick Gates, who also had worked on the presidential campaign of Donald Trump in 2016.

Related: Manafort earns $60 million in Ukraine, - US Internal Revenue Service

Gates pleaded guilty earlier this year to conspiracy and making false statements. He has not yet been sentenced.

Related: Manafort started working for Trump after he lost most lucrative client - Viktor Yanukovych, - media

The charges against Manafort and Gates were connected to their consulting work for a pro-Russia political party in Ukraine, and not to their work on the Trump campaign.

“It’s too bad. I feel badly for both. I must tell you that Paul Manafort is a good man. He was with Ronald Regan. He was with a lot of different people. I feel very said about that. It doesn’t involve me, but I still feel it’s a very sad thing that happened. It has nothing to do with Russian collusion. This started as Russian collusion. This is a witch hunt and it’s a disgrace. But this has nothing to do – what they started out – looking for Russians involved in our campaign. There were none.

Manafort faces a maximum of 80 years in prison. He faces a second criminal trial next month in Washington on seven other charges brought by the special counsel, including obstruction of justice, failure to register as a foreign agent and conspiracy to launder money.

 

Related: Manafort offered his services to Poroshenko during 2014 presidential campaign

 

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