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The Hammer Comes Down On DeLay

Tuesday, Jan. 11, 2011

There was a time when "money laundering" was linked only to organized crime. Today, former House majority leader Tom DeLay was sentenced to prison for engaging in a money laundering scheme to funnel illegal corporate contributions to influence the 2002 election in Texas.

In addition to his three years for money laundering, the once powerful congressman (known as The Hammer) was also convicted of conspiracy. The charges could have led to a sentence of life in prison.

When he was convicted in November, DeLay called the action "the criminalization of politics."Even upon his sentencing, he maintains his innocence, saying, "I fought the fight. I ran the race. I kept the faith."

Tags: conspiracy, money laundering, Texas, Tom DeLay

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