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Jul29-08, 12:27 PM
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SAN FRANCISCO (MarketWatch) -- Sen. Ted Stevens of Alaska, the longest serving U.S. Republican senator, was indicted Tuesday on seven counts of making false statements to federal investigators, according to media reports. The Justice Department is expected to announce the charges shortly.
Sen. Ted Stevens indicted on 7 criminal counts

Stevens, 84, has been dogged by a federal investigation into whether he pushed for fishing legislation that also benefited his son, an Alaska lobbyist.

From May 1999 to August 2007, prosecutors said Stevens concealed "his continuing receipt of hundreds of thousands of dollars worth of things of value from a private corporation."
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