Jesse Jackson Jr. Pleads Guilty in Fraud Case

CouldntBeMeTho

Chairman Meow
Supporter
Joined
Jul 14, 2012
Messages
47,611
Reputation
20,473
Daps
270,824
Reppin
Dog Shooting Squad Of Islamabad
Sneed has learned a plea deal is now on the table between former Rep. Jesse Jackson Jr. and federal authorities probing allegations of campaign fund misuse.

Sneed is told the plea deal includes Jackson serving time in federal prison.

“Significant jail time is now definitely a part of the deal,” said a top Sneed source close to the probe.

“But I think [Jackson’s wife] Sandi, feels like she was thrown under the bus by her husband, ” now that a separate probe has begun on her, a second source added.

Sandi Jackson claims she was stunned by campaign finance abuse disclosures against her husband, who has been treated for mental disorders and allegedly spent $40,000 on a Rolex watch purchased with campaign funds.

This disclosure follows in the wake of an exclusive report Tuesday by Sneed and Sun-Times political reporter Natasha Korecki, revealing the feds’ financial probe of the once-politically powerful Jackson couple has evolved into two separate investigations, with federal authorities now taking an independent look at former Ald. Sandi Jackson.

Though Sandi Jackson was encouraged to become a Chicago alderman by her husband, the two passed like ships in the night, shuttling between their homes in Washington, D.C., and Chicago in order to be with their two children. Sandi Jackson resigned from her 7th Ward aldermanic position last month.

The federal scrutiny includes access to and use of her husband’s congressional campaign money, including credit card charges, as well as the movement of money from one account to another, sources say.

In his resignation letter, Jesse Jackson Jr. acknowledged a federal probe and indicated his attorneys were working with federal authorities on it. Federal sources cautioned, however, authorities were still weighing whether charges are warranted in Sandi Jackson’s case.

“They are trying to sort it out right now and trying to figure out exactly what to do with her,” said one source close to the former alderman. Sandi Jackson was advised to get a lawyer at least four months ago.

For years, Sandi Jackson was paid nearly $5,000 a month from her husband’s campaign fund through her consulting firm, J. Donatella & Associates. The payments continued, even after Jesse Jackson Jr. checked into a mental health facility last year and — except for a robo-call — did not campaign for the Nov. 6 election, which he won.

Sandi Jackson did not respond to calls for comment.

http://www.suntimes.com/news/sneed/18059047-452/sneed-exclusive-pending-jesse-jackson-jr-plea-deal-includes-significant-jail-time-source-says.html
 

Strapped

Superstar
Joined
May 1, 2012
Messages
43,487
Reputation
1,546
Daps
53,510
Reppin
404
They knew what they were doing,kwames case should have made them smarter
 

No1

Retired.
Supporter
Joined
Apr 30, 2012
Messages
30,079
Reputation
4,736
Daps
67,015
http://www.nytimes.com/2013/02/21/u...-pleads-guilty-to-wire-and-mail-fraud.html?hp

WASHINGTON — Jesse L. Jackson Jr., the former Democratic representative from Illinois, pleaded guilty on Wednesday to one count of wire and mail fraud in connection with his use of $750,000 in campaign funds to buy exotic items like fur capes and celebrity memorabilia.

As part of a plea agreement, prosecutors will recommend that Mr. Jackson receive a sentence of 46 to 57 months in prison. A sentencing hearing is scheduled for June 28.

When the judge asked for his plea, Mr. Jackson, 47, said “Guilty your honor. I misled the American people.” He was accompanied by his father, the Rev. Jesse L. Jackson, his mother and several brothers and sisters.

The plea is yet another chapter in the downward spiral of Mr. Jackson’s career.

Elected to Congress in 1995 at age of 30 from a district on the South Side of Chicago, where he had grown up, Mr. Jackson was once one of the prominent young African-American politicians in the country, working on issues related to health care and education for the poor.

But as federal authorities investigated Gov. Rod R. Blagojevich of Illinois for trying to sell the Senate seat that President Obama vacated in 2008, they uncovered evidence that one of Mr. Jackson’s friends had offered to make a contribution to Mr. Blagojevich’s campaign in exchange for the seat.

Mr. Jackson, who has said he had no knowledge of the offer, was never charged in the case. Nevertheless, his name became synonymous with the case.

A year before the offer for the Senate seat was made, according to documents released by federal prosecutors, Mr. Jackson began to use his campaign funds to buy jewelry. In July 2007, Mr. Jackson was in possession of a $43,350 gold-plated men’s Rolex watch that he bought with campaign funds, according to documents released by prosecutors.

Mr. Jackson also used campaign funds until 2010 to buy exotic items, like fur capes, celebrity memorabilia and expensive furniture.

Among those items were a $5,000 football signed by American presidents and two hats that once belonged to Michael Jackson — including a $4,600 fedora.

Mr. Jackson also bought Bruce Lee memorabilia and items that once belonged to the Rev. Dr. Martin Luther King Jr.

In 2008, Mr. Jackson had $5,150 worth of fur that he had bought with campaign funds sent to him in Washington from a furrier in Beverly Hills, Calif. Among those items was an $800 fur cape and a $1,200 reversible mink parka.
 

Mr. Somebody

Friend Of A Friend
Joined
May 10, 2012
Messages
28,262
Reputation
2,041
Daps
43,607
Reppin
Los Angeles
Cant run a demonic campaign. He got less time then that russian individual. Gee wiz he got the book thrown at him.
 

beenz

Rap Guerilla
Joined
May 1, 2012
Messages
81,402
Reputation
9,951
Daps
183,515
Reppin
The Chi (South Side)
I told my pops back when he was having his "breakdown" the feds were gonna get his ass. this was like 6 months ago too. feds don't build cases if they can't get you.

but this is typical. just another corrupt chicago politician.
 

Hiphoplives4eva

Solid Gold Dashikis
Supporter
Joined
Apr 30, 2012
Messages
42,423
Reputation
3,805
Daps
152,087
Reppin
black love, unity, and music
So this nikka was buying fur capes? :heh: From Beverly Hills no less? :heh: Was he tryna be the next Supafly?

Supafly_pimp__a_by_nunchaku.jpg


This fakkit could hit up a clothier in Chicago or Detroit and got them shyt under the books if it were that serious..:smh: :snoop: This Supa Fly nikka is a clown!
 
Top