DeLay Guilty Of Money Laundering

Former U.S. House Majority Leader Tom DeLay was convicted of money laundering in a state court here Wednesday, making it possible that the once-powerful political warrior could end his career behind bars. The jury found Mr. DeLay knowingly funneled $190,000 in corporate donations to fellow Republicans running for the Texas legislature in 2002, violating state rules that ban companies from contributing to candidates’ campaigns. He was convicted on one count of money laundering, which carries a maximum prison sentence of 99 years, and one count of conspiracy to commit money laundering, which has a penalty of up to 20 years/ WSJ.com . More here . (AP file photo of former U.S. House Speaker Tom DeLay)

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