DeLay Guilty of Money Laundering
For five years, the case against Tom DeLay for money laundering through his Texans for a Republican Majority PAC has been seemingly trapped in the Texas courts facing pre-trial appeals. On November 1, it finally made it to trial and today the verdict is in: guilty on both money laundering and conspiracy to commit money laundering.
The slightly-less-than-humble DeLay lost his majority leadership in Congress after the indictment came down, but he has maintained his claims that this case was politically motivated throughout the entire process right up to defense attorney Dick DeGuerin's closing arguments.
The jury clearly didn't buy his argument and now DeLay is potentially facing life in prison on money laundering and conspiracy to commit money laundering charges. DeLay is accused of channeling $190,000 in corporate money through his Texans for a Republican Majority PAC in 2002 to aid GOP candidates.
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