Ted Stevens, Alaska senior Senator has been found guilty of all seven counts of lying to congress on financial disclosure documents in regards to free home renovations rendered to his Alaskan residence, and gifts received from a wealthy oil contractor.
The longest serving Republican in the Senate is fighting off a challenge from Democrat Mark Begich and must now either drop out or continue campaigning as a convicted felon. The trial hinged on the testimony of Bill Allen, Stevens long time fishing and drinking buddy, who testified that his employees dramatically remodeled the senator's home. 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.
Stevens is charged with lying on Senate financial forms about $250,000 in home renovations and other gifts he received from an oil contractor. Stevens spent three days on the witness stand, vehemently denying that allegation. He said his wife, Catherine, paid every bill they received. Stevens faces up to five years in prison on each count, but under federal sentencing guidelines, he would likely receive much less prison time, if any.
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