Steve Stockman, a Republican former congressman from Texas, has been convicted of defrauding two conservative mega-donors and funneling their $1.25 million into personal and campaign expenses as part of what prosecutors have described as a “white collar crime spree.”
A jury in federal court in Houston ruled Thursday afternoon that Stockman is guilty of all but one of the 24 felonies he was charged with last March. After about 16 hours of deliberations over three days, the 12-person panel only declined to convict on one of four counts of wire fraud.
Stockman will appeal the verdict, his defense team said.
This may become a pattern. One could only hope.