Paul Manafort guilty on 8 charges in bank fraud, conspiracy trial; mistrial declared on 10 counts

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A Virginia jury has found Paul Manafort, President Donald Trump’s former campaign manager, guilty on eight charges, but could not reach a consensus on 10 other counts in Manafort’s bank fraud and conspiracy trial, according to The Associated Press.

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The judge in the case declared a mistrial on those 10 counts.

The jury found Manafort guilty of five counts of tax fraud, two charges of bank fraud and a charge of hiding foreign bank accounts, according to multiple news outlets.

Manafort was charged with 18 counts of bank fraud and conspiracy to commit bank fraud, as well as filing false income tax forms and failing to file foreign bank account reports.

Jurors deliberated for five days before returning a partial verdict Tuesday.

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They heard 11 days of testimony from more than two dozen witnesses, including Manafort's longtime business partner and former Trump campaign aide Rick Gates, according to Reuters.

Earlier Tuesday, jurors has asked how to handle the case if they were unable to come to consensus on one of the 18 charges. Judge T.S. Ellis ordered them to continue deliberating but added that he might accept a partial verdict, if no consensus could be reached.

Prosecutors said Manafort hid at least $16 million in income from the IRS between 2010 and 2014 by disguising the money he earned advising politicians in Ukraine as loans and hiding it in foreign banks. Then, after his money in Ukraine dried up, they allege he defrauded banks by lying about his income on loan applications and concealing other financial information, such as mortgages.