Ex-trump campaign chairman guilty on eight charges

Paul Manafort, the longtime political operative who for months led Donald Trump’s successful presidential campaign, was found guilty of eight financial crimes in the first trial victory of the special counsel investigation into the president’s associates.

A judge declared a mistrial Tuesday on 10 other counts the jury could not agree on.

The verdict was part of a stunning one-two punch of bad news for the White House, coming as the president’s former lawyer, Michael Cohen, was pleading guilty in New York to campaign finance charges arising from hush money payments made to two women who say they had sexual relationships with Trump.

The jury returned the decision after deliberating four days on tax and bank fraud charges against Manafort, who led Trump’s election effort during a crucial stretch of 2016, including as he clinched the Republican nomination and during the party’s convention.

Manafort, who appeared jovial earlier in the day amid signs the jury was struggling in its deliberations, focused intently on the jury as the clerk read off the charges. He stared blankly at the defence table, then looked up, expressionless, as the judge finished thanking the jury.

“Mr. Manafort is disappointed of not getting acquittals all the way through or a complete hung jury on all counts,” said defence lawyer Kevin Downing. He said Manafort was evaluating all his options.

The jury found Manafort guilty of five counts of filing false tax returns on tens of millions of dollars in Ukrainian political consulting income.

He was also convicted of failing to report foreign bank accounts in 2012 and of two bank fraud charges that accused him of lying to obtain millions of dollars in loans after his consulting income dried up.

The jury couldn’t reach a verdict on three other foreign bank account charges, and the remaining bank fraud and conspiracy counts.

The outcome, though not the across-the-board guilty verdicts prosecutors sought, almost certainly guarantees years of prison for Manafort.

It also appears to vindicate the ability of special counsel Robert Mueller’s team to secure convictions from a jury of average citizens despite months of partisan attacks, including from Trump, on the investigation’s integrity.