Sheldon Silver (D), who spent over 20 years as the Speaker of the New York State Assembly, has been convicted of honest-services fraud, extortion and money laundering, including all seven counts with which he had been charged. He now faces up to 130 years in prison. The conviction means that he forfeits his seat in the Assembly, representing part of Manhattan, which he had held for nearly 40 years. He had stepped down from the Speaker's office when he was arrested this past January.
Read more at the New York Post, The New York Times, the New York Daily News, CBS New York and Reuters.
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