Alaska's Ted Stevens found guilty on all 7 counts
Erika Bolstad and Richard Mauer
McClatchy Newspapers
last updated: October 27, 2008
WASHINGTON — A federal jury on Monday found Republican Sen. Ted Stevens guilty of lying on his financial disclosure forms, ending in disgrace the four-decade Senate career of a man whose imprint on Alaska dates to before statehood.
It's the highest-profile felony conviction in a sweeping four-year federal investigation into corruption in Alaska politics, and an almost-unprecedented conviction by a jury of a sitting U.S. senator.
Jurors found that Stevens, 84, willfully filed false financial-disclosure forms that hid such gifts as renovations that doubled the size of his home. Those gifts, valued at as much as $250,000 over seven years, came mostly from his former friend Bill Allen, the star prosecution witness in Stevens’ trial and the former owner of Veco Corp. The oil field-services company was one of Alaska's largest private employers before Allen, caught up in the federal corruption probe, was forced to sell it last year.
Stevens slumped slightly when he heard that the jury had found him guilty on the first count. When the second count was read, his lawyer Brendan Sullivan reached over and put his arm around Stevens.
(More here.)
McClatchy Newspapers
last updated: October 27, 2008
WASHINGTON — A federal jury on Monday found Republican Sen. Ted Stevens guilty of lying on his financial disclosure forms, ending in disgrace the four-decade Senate career of a man whose imprint on Alaska dates to before statehood.
It's the highest-profile felony conviction in a sweeping four-year federal investigation into corruption in Alaska politics, and an almost-unprecedented conviction by a jury of a sitting U.S. senator.
Jurors found that Stevens, 84, willfully filed false financial-disclosure forms that hid such gifts as renovations that doubled the size of his home. Those gifts, valued at as much as $250,000 over seven years, came mostly from his former friend Bill Allen, the star prosecution witness in Stevens’ trial and the former owner of Veco Corp. The oil field-services company was one of Alaska's largest private employers before Allen, caught up in the federal corruption probe, was forced to sell it last year.
Stevens slumped slightly when he heard that the jury had found him guilty on the first count. When the second count was read, his lawyer Brendan Sullivan reached over and put his arm around Stevens.
(More here.)
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