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A Los Angeles Jury found Phil Spector GUILTY today of 2nd degree murder in the the 2003 killing of actress Lana Clarkson. Spector, 69, contended her death was a suicide.

Spector's attorney's argued for his release on bail, which was denied by the Judge and Spector was remanded into custody.

Sentencing will occur May 29th where Spector may be sentenced to 15 years to Life in prison.

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