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  Senator pleads guilty, agrees to cooperate
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ContributorBrandonius Maximus 
Last EditedBrandonius Maximus  Oct 10, 2008 01:04pm
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News DateFriday, October 10, 2008 07:00:00 PM UTC0:0
DescriptionState Senator Derrick Shepherd pled guilty to a single charge of conspiracy to commit money laundering and agreed to cooperate with the investigation in federal court Friday.

The federal government has agreed not to pursue other charges against Shepherd as part of the deal. Sentencing has been set for January 21. Shepherd faces a maximum of 20 years in prison, though that is likely to be lessened if he cooperates with investigators.

"If we decide it's substantial enough, we then go to the sentencing court and notify the sentencing court that the cooperation has been substantial and if that happens, we then ask for in some cases, leniency," said U.S. Attorney Jim Letten.

Shepherd also announced his resignation from the State Senate.
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