By Tomica Kipp
|Jesse L.Jackson Jr.|
February 20, 2013 Jesse L. Jackson Jr., the former Democratic representative from Illinois and son of the civil rights leader, pleaded guilty to conspiring to defraud his re-election campaigns of more the $750,000.
The 47 years-old Harvard-educated Scholar allegedly used his campaign funds to pay for personal items, including jewelry, fur capes, high-end electronics, celebrity memorabilia, furniture, kitchen appliances and a home renovation project.
His wife, Sandra Stevens Jackson, 49, a former Chicago Alderman, also pleaded guilty in a separate proceeding to filing false tax returns.
Under the federal sentencing guidelines, the parties have agreed that the applicable range for the offense is 46 to 57 months in prison and a fine between $10,000 and $100,000. Jackson will be required to pay any restitution ordered by the court and forfeit about $750,000 in proceeds and property from the scheme.
As part of the plea agreement, he will also have to forfeit a mink cashmere cape, a mink reversible parka, a guitar signed by the late pop legend Michael Jackson, and various memorabilia associated with historic figures and various celebrities
Representative Jackson was elected to do a job for the people of the great state of Illinois, for months he was missing in action, it was later announced that he was seeking medical treatment for Bipolar Disorder.
Jesse Jackson Jr. was elected to congress in 1995, he once had it all. Jackson is a Rhodes Scholar, the son of an activist but most importantly, he had his own ideas and visions. He was a charismatic leader and once a promising political. Before the world knew about Barack Obama, he was seen as a perfect candidate to be the first African American President.