Sean "Diddy" Combs found guilty of prostitution charges

• Multiple sexual assault lawsuits have been filed against Combs.

Catch up quick: Combs was charged with five counts: one count of racketeering conspiracy, two counts of sex trafficking and two counts of transportation to engage in prostitution.

• He was acquitted of the most serious charges against him.

Flashback: Prosecutors alleged that Combs used his power and influence to coerce and lure female victims to engage in sexual acts with hired men in drug-fueled "freak-offs."

• Combs' defense portrayed him as a man who had a drug problem and who sometimes assaulted his girlfriends, the New York Times reported of his attorney's closing arguments.
• But his lawyer argued the prosecution's allegations that he ran a racketeering organization or was a sex trafficker were exaggerated.

Go deeper: Sean "Diddy" Combs' homes raided amid sex trafficking probe

Editor's note: This is a breaking news story. Please check back for updates.