Mr. Pan and Ms. Hou denied wrongdoing and are exploring an appeal of the jury's verdict, according to their attorneys.

WSJ: New York City Comptroller Liu Defends Campaign

Mr. Pan and Ms. Hou have pleaded not guilty.

WSJ: John Liu Aide Testifies on Campaign Finance Allegations

When the verdicts were read, Ms. Hou and Mr. Pan showed no emotion and stared straight ahead.

WSJ: Guilty Verdicts in Liu Trial

Ms. Hou and Mr. Pan were indicted in April 2012 and charged in an alleged scheme to defraud the city of campaign-matching funds through the use of straw donors.

WSJ: Guilty Verdicts in Liu Trial

Ms. Hou and Mr. Pan have pleaded not guilty.

WSJ: Trial Pits Liu's Aide, Ex-Backers

U.S. Attorney Preet Bharara, who oversaw the case, said in a statement Ms. Hou and Mr. Pan "stuck a knife into the heart" of the city's campaign-finance law as part of a scheme "to corruptly advantage" Mr. Liu's campaign.

WSJ: Guilty Verdicts in Liu Trial

Each count against Hou, 26, and Pan, 47, carries a maximum 20-year prison sentence upon conviction.

WSJ: NY jury begins hearing case against Liu aides

Both Hou, of Queens, and Pan, of Hudson County, N.

WSJ: Trial opens for aides of NYC mayoral hopeful

Court papers show Ms. Lee has received immunity from prosecutors in exchange for her testimony as a witness at next week's trial of former campaign treasurer Jia "Jenny" Hou and fundraiser Xing Wu "Oliver" Pan.

WSJ: Trial Pits Liu's Aide, Ex-Backers

Liu's ex-campaign treasurer, Jia "Jenny" Hou, and former Liu fundraiser Xing "Oliver" Wu Pan are facing federal charges of conspiring to break campaign finance laws.

WSJ: Trial opens for aides of NYC mayoral hopeful

On Thursday, Ms. Lee testified for a second day in Manhattan federal court at the trial of Jia "Jenny" Hou, Mr. Liu's former campaign treasurer, and Xing Wu "Oliver" Pan, a longtime campaign contributor.

WSJ: City Comptroller John Liu Stands By His Aide