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October 27, 2008
Alaska’s Republican Senator Ted Stevens has been found guilty of all 7 counts of making false statements and for allegedly lying on U.S. Senate financial disclosure forms.
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The jury found that Stevens accepted over $250,000 worth of gifts from VECO oil services company via the former CEO, Bill Allen. The largest part of the gift giving was relegated to Steven’s renovation of his cabin into a large house. Also included was a $2,600 massage chair and a Viking gas grill. With each charge carrying a max 5 years, 85 year old Stevens is facing 35 years in prison.
Senator Convicted on Corruption Charges
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