President trump former campaign chairman manafort found guilty of tax bank fraud
You're referring to the trial of Paul Manafort, the former campaign chairman for President Donald Trump's 2016 presidential campaign. On August 21, 2018, Manafort was found guilty on eight counts of tax fraud, bank fraud, and failure to disclose foreign bank accounts. The jury delivered a verdict after deliberating for over 12 hours over two days.
Manafort was accused of hiding millions of dollars in income from his work as a political consultant in Ukraine and using the money to fund a lavish lifestyle. The charges against him were related to his financial activities between 2006 and 2015, long before he joined Trump's campaign.
The guilty verdicts were on the following counts:
- Five counts of tax fraud
- One count of bank fraud
- One count of failure to file a Report of Foreign Bank and Financial Accounts (FBAR)
The jury was unable to reach a verdict on 10 other counts, including charges related to money laundering and conspiracy. The judge declared a mistrial on those counts.
Manafort's sentencing is scheduled for February 2019. He faces a maximum sentence of 80 years in prison.
It's worth noting that Manafort's trial was not directly related to his work on Trump's campaign or any alleged collusion with Russia. The charges against him were related to his personal financial activities, and the trial did not involve any evidence of wrongdoing by Trump or his campaign.