The jury heard from a former partner and a former accountant on how the long-time political consultant doctored his accounts and laundered tens of millions of dollars through offshore banks.
They are sure to take aim at Manafort's longtime right-hand man, Rick Gates, who pleaded guilty and is cooperating with the government. They've called Gates a liar, a philanderer and an embezzler.
The decision by the defense to rest Tuesday came a day after prosecutors concluded their financial fraud and tax evasion case against Manafort on Monday. U.S. District Judge T.S. Ellis III has already denied a motion by the defense to automatically acquit Manafort due to lack of evidence.
Paul Manafort recently told the judge presiding over his case that he will not testify during the trial.
"Mr. Manafort lied to keep more money when he had it, and he lied to get more money when he didn't", Andres said in his closing argument. "He did so because he and his legal team believe that the government has not met its burden of proof", he added.
Closing arguments in the case are scheduled for Wednesday morning.
Last week both counsels requested two hours each for closing arguments.
A jury could begin deliberating on the case later today, according to United States media. The focus in Paul Manafort's fraud trial shifts to the defense after prosecutors rested their case. He's also accused of fraudulently obtaining millions in bank loans.
Manafort's lawyers argued there is no way the bank could have been defrauded because its chairman, Stephen Calk, knew that Manafort's finances were in disarray but approved the loan anyway. Witnesses testified that Calk pushed the loans through because he wanted a post in the Trump administration.
Now that the prosecution has rested its case, Manafort wants the judge to dismiss four counts in his indictment relating to $16 million that he borrowed from Federal Savings Bank in Chicago.