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Jesse Jackson Jr. Pleads Guilty To Spending Campaign Money Illegally

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Courtesy of The Chicago Sun-Times

Jesse Jackson Jr.Former U.S. Rep. Jesse Jackson Jr. pleaded guilty Wednesday in a federal courtroom in Washington, D.C., to conspiring to illegally spend about $750,000 in campaign money on personal uses, including a Rolex, pricey memorabilia, furs and other luxury items.

“For years I lived off my campaign. I used money that should have been for campaign purposes for personal purposes,” Jackson said in court, as he broke down several times, appearing contrite.

In explaining his decision to plead guilty, Jackson said: “I have no interest in wasting the taxpayers’ time or their money.”

“Tell everybody I’m sorry I let them down,” he said.

Jackson Jr. faces up to five years in prison at sentencing when he is sentenced in late June. He was joined in the courtroom by his wife, former Ald. Sandi Jackson, who is expected to plead guilty Wednesday afternoon to a single tax charge for filing false tax returns — as well as by his father, the Rev. Jesse Jackson, his mother, Jacqueline, and other family members.

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