Reports: Jesse Jackson Jr. signs plea deal

2013-02-08T10:53:00Z 2013-02-08T18:39:29Z Reports: Jesse Jackson Jr. signs plea dealTimes Staff
February 08, 2013 10:53 am  • 

CHICAGO | NBC 5 News is reporting that Jesse Jackson Jr., who resigned from Congress nearly three months ago, has signed papers in a plea deal within the past several days.

Jackson’s case is being handled by the U.S. attorney’s office in Washington, D.C., NBC 5 News reports. While no public announcement is expected this weekend, those with knowledge of the investigation believe the loose ends now deal with Jackson’s wife, former Alderman Sandi Jackson, and whether or not she is ultimately charged, according to the news station.

NBC 5 News reported under the terms of the deal Jackson signed, he pleads guilty and his fate as to jail time would be in the hands of a federal judge, not yet assigned. He would repay the government hundreds of thousands of dollars for items like a $40,000 Rolex watch, travel expenses for a woman he described as a “social acquaintance” and furniture purchased for his home.

Converting campaign contributions for personal use is strictly prohibited by federal law. It opens Jackson up to “not more than 5 years” in prison, NBC 5 News said on its website.

Jackson’s move to resign from Congress works in his favor as his attorneys negotiate this plea deal, according to the news website.

Just last month his wife also resigned from her elected position as Chicago’s 7th Ward alderman, however her role in the alleged misuse of campaign funds still may land her in legal trouble. For years, she received a $5,000 a month check from her husband as his political consultant.

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