court trial

On Wednesday ex- U.S. Congressman William Jefferson was convicted on 11 of 16 counts of bribery, racketeering and money laundering. The former Congress member from Louisiana was accused in 2007 of soliciting millions of dollars in bribes from companies while using his office to broker business deals in Africa. FBI agents found the $90,000 neatly wrapped in foil and stashed in his freezer during a search of his residence.

Since last month when the Securities and Exchange Commission charged Allen Stanford with running an $8 billion Ponzi scheme the alleged scammer hasn’t had a full-time lawyer representing him. According to the latest reports by the Register there are some speculations that high-powered Houston attorney Dick DeGuerin is viewed as a potential candidate.