Former Texas Congressman Steve Stockman convicted on fraud and conspiracy charges
(AP) A federal judge ordered former Texas Rep. Steve Stockman to be taken into custody following the ex-congressman's conviction on fraud and conspiracy charges. U.S. District Judge Lee Rosenthal says the 61-year-old Republican was a flight risk.
Federal prosecutors said Stockman conspired with two staffers to bilk conservative foundations out of at least $775,000 that was meant for charitable purposes and voter education.
A jury on Thursday found Stockman guilty on 23 of the 24 counts he faced. Those include counts of mail and wire fraud, conspiracy, making false statements to the Federal Elections Commission and money laundering. He was found not guilty on one count of wire fraud.
Each fraud count carries up to 20 years in prison. The judge has scheduled a sentencing hearing for Aug. 17.