The law has finally caught up to Jesse Jackson Jr. See you in five:
YAHOO NEWS – Former Rep. Jesse Jackson Jr., D-Ill., has signed a plea deal with federal prosecutors, agreeing to plead guilty to misuse of campaign funds, CBS Chicago reports. The deal will let a federal judge decide whether Jackson serves jail time.
By agreeing to plead guilty to a single felony count, Jackson could serve up to five years in prison. The judge, however, may decide to sentence him with probation instead of jail time. The former congressman has also agreed to repay hundreds of thousands of dollars in campaign funds, misspent over four years on things like redecorating his home and a $40,000 Rolex he bought for a female friend.
As part of the agreement, the government demanded that Jackson give up his congressional seat, which he did in November, just a little more than two weeks after easily winning re-election.