Jesse Jackson Jr pleads guilty to graft

Jesse Jackson Jr. pleads guilty to misusing campaign funds, says 'tell everybody in Chicago I know I let them down'

Once a fast-rising politician from Chicago's South Side, Jesse Jackson Jr. became a symbol of entitlement run terribly amok when he pleaded guilty to misusing campaign funds. His story is a cautionary note on the perils of hubris and the fragility of success.

Former Rep. Jesse Jackson Jr. and his wife appeared in federal court to answer criminal charges that they engaged in an alleged scheme to spend $750,000 in campaign funds on personal items.

M. Spencer Green/Associated Press

Former Rep. Jesse Jackson Jr. and his wife appeared in federal court to answer criminal charges that they engaged in an alleged scheme to spend $750,000 in campaign funds on personal items.

WASHINGTON — Former U.S Rep. Jesse Jackson Jr., once a rising Democratic star, pleaded guilty Wednesday to misusing $750,000 in campaign funds for personal reasons, including buying Michael Jackson, Bruce Lee and Martin Luther King Jr. memorabilia.

“Sir, for years I’ve lived in my campaign,” he told a federal judge, later briefly dabbing his eyes with a tissue as his father, civil rights leader Jesse Jackson, sat in the front row.

“I used monies that should have been used for campaign purposes, and I used them for myself personally, to benefit me personally. And I am acknowledging that that which the government has presented is accurate.”

Jackson faces up to 57 months in prison, and a fine of $10,000 to $100,000, under a plea deal.

 

http://www.nydailynews.com/news/politics/jesse-jackson-jr-pleads-guilty-misusing-funds-letting-chicago-article-1.1269426

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