Paul Manafort found guilty of bank fraud and tax evasion
President Trump's former campaign chairman Paul Manafort was found guilty of eight counts of financial fraud Tuesday. The judge declared a mistrial on 10 of the counts in the bank and tax fraud trial, as jurors were unable to reach a unanimous verdict on those charges.
NBC News reports that Manafort was found guilty on one count of failing to file a foreign bank account, two counts of bank fraud, and five counts of tax evasion. Manafort, 69, faces 240 years in prison for the felony charges, reports CNN, most of which result from work Manafort did abroad before he joined Trump's team. The remaining 10 counts can be retried at a later date.
The Week
Escape your echo chamber. Get the facts behind the news, plus analysis from multiple perspectives.
Sign up for The Week's Free Newsletters
From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.
From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.
-
Crossword: December 30, 2025The daily crossword from The Week
-
What have Trump’s Mar-a-Lago summits achieved?Today’s big question Zelenskyy and Netanyahu meet the president in his Palm Beach ‘Winter White House’
-
The most anticipated movies of 2026The Week Recommends If the trailers are anything to go by, film buffs are in for a treat
-
TikTok secures deal to remain in USSpeed Read ByteDance will form a US version of the popular video-sharing platform
-
Unemployment rate ticks up amid fall job lossesSpeed Read Data released by the Commerce Department indicates ‘one of the weakest American labor markets in years’
-
US mints final penny after 232-year runSpeed Read Production of the one-cent coin has ended
-
Warner Bros. explores sale amid Paramount bidsSpeed Read The media giant, home to HBO and DC Studios, has received interest from multiple buying parties
-
Gold tops $4K per ounce, signaling financial uneaseSpeed Read Investors are worried about President Donald Trump’s trade war
-
Electronic Arts to go private in record $55B dealspeed read The video game giant is behind ‘The Sims’ and ‘Madden NFL’
-
New York court tosses Trump's $500M fraud fineSpeed Read A divided appeals court threw out a hefty penalty against President Trump for fraudulently inflating his wealth
-
Trump said to seek government stake in IntelSpeed Read The president and Intel CEO Lip-Bu Tan reportedly discussed the proposal at a recent meeting
