Senator Charged With Concealing Gifts From VECO

Law360, New York (July 30, 2008, 12:00 AM EDT) -- Sen. Ted Stevens of Alaska, the longest-serving Republican in the U.S. Senate, was indicted by a federal grand jury Tuesday and charged with concealing hundreds of thousands of dollars in gifts he received from a prominent Alaskan pipeline construction company.

The seven-count indictment, filed in the U.S. District Court for the District of Columbia, claims Stevens, who has served in the Senate since 1968, repeatedly failed to report more than $250,000 in gifts from VECO Corporation and its former CEO William J. Allen.

Between May 1999...
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