Donald Trump's former campaign chair Paul Manafort was found guilty of 8 counts of bank and tax fraud. The charges break down to 5 tax fraud charges, 1 charge of hiding foreign bank accounts and 2 counts of bank fraud.
Manafort was indicted on multiple federal charges after documents were seized in Robert Mueller's investigation into Russia interference of the 2016 U.S. presidential election. Manafort was accused of laundering more than $18 million through foreign banks.
He is still facing second set of criminal charges in a D.C. federal court for failing to register his foreign lobbying and money laundering charges.
Source: CNBC
