Senator Ted Stevens Indicted

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This just in from the tubes!

Alaska Senator Ted Stevens (R) has just been indicted on 7 counts.

Alaska Senator Ted Stevens was indicted by a U.S. grand jury in Washington on charges of hiding hundreds of thousands of dollars in gifts he received.

Stevens, a Republican, was charged with seven counts of making false statements on his Senate financial disclosure forms from 1999 to 2006 about gifts and renovations on his house.

Stevens ``knowingly and willfully engaged in a scheme to conceal'' his receipt of ``hundreds of thousands of dollars'' of gifts from Veco Corp., an oil-field engineering firm, and its chief executive officer, the indictment said.

The gifts included improvements on a home in Alaska, new vehicles, furniture and a professional Viking gas grill, according to the court papers. - Bloomberg