Alaska’s Stevens Found Guilty of Corruption

Alaska Sen. Ted Stevens has been convicted of lying about free home renovations and other gifts he received from a wealthy oil contractor.

The Senate’s longest-serving Republican, Stevens was found guilty on all seven counts of making false statements on Senate financial documents.

The verdict throws the upcoming election into disarray. Stevens is fighting off a challenge from Democrat Mark Begich and must now either drop out or continue campaigning as a convicted felon.

… Stevens faces up to five years in prison on each count but, under federal sentencing guidelines, will likely receive much less prison time, if any.

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