Viral Paul Manafort Found Guilty on 8 Counts Relating to Bank Fraud, False Tax Returns
Former Trump campaign chairman Paul Manafort was found guilty Tuesday of eight counts relating to filing false tax returns and fraud.
Manafort, 69, was found guilty of five counts relating to filing false United States Individual Income Tax Returns, which carry a maximum sentence of three years per charge. The years in question were 2010 through 2014.
Manafort was also found guilty of failure to file reports of foreign bank or financial accounts, a charge that carries a maximum five years in prison, as well as two counts of bank fraud.
The two bank fraud charges could leave Manafort facing up to 30 years each. According to Fox News, the charges stem from a $3.4 million loan from the Rhode Island-based Citizens Bank, as well as a $1 million loan from Banc of California.
But in a note passed to Judge T.S. Ellis III on Tuesday afternoon, the jury said it could not come to a decision on the ten other counts. A mistrial was declared on those counts.
The jury began deliberating last Thursday after a three week trial where prosecutors said Manafort hid income earned from political work overseas from the IRS while fraudulently obtaining millions in bank loans, Fox News reported. Manafort had pleaded not guilty.
The note passed to Ellis III asked: "If we cannot come to consensus on a single count...what does that mean for the final verdict?"
Ellis responded that this would not be “exceptional” and said the jury could reach a “partial verdict.”
Prosecutors in the case are members of Robert Mueller's special counsel probe into President Donald Trump.
Manafort's chief attorney, Kevin Downing, spoke briefly to reporters outside the Bryan Federal Courthouse in Alexandria, Va., saying that the his client is "evaluating all of his options at this point."
Prior to his work on the Trump campaign, Manafort was a partner with consultants Charlie Black and Roger Stone in the 1980s lobbying firm Black, Manafort, Stone & Kelly.