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Jury convicts Tom DeLay in money laundering trial

AUSTIN, Texas -- Former U.S. House Majority Leader Tom DeLay - once one of the most powerful and feared Republicans in Congress - was convicted Wednesday on charges he illegally funneled corporate money to Texas candidates in 2002. Jurors deliberated for 19 hours before returning guilty verdicts against DeLay on charges of money laundering and conspiracy to commit money laundering. He faces up to life in prison on the money laundering charge.

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