Former N.Y. Assembly Speaker Sheldon Silver Found Guilty in Corruption Trial

Sheldon Silver, for decades one of the most powerful politicians in New York state, was convicted Monday of honest-services fraud, extortion and money laundering in a trial that is likely to reshape the business of Albany and embolden prosecutors with an appetite for public-corruption cases aimed at the Capitol.

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The Democratic speaker of the New York state Assembly for more than 20 years, Mr. Silver was found guilty by a 12-person federal jury in Manhattan of four counts of honest-services fraud, two counts of extortion, and one count of money laundering. His conviction triggers his automatic expulsion from the Legislature, to which he was first elected in 1976. More...

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