Former Rep. Jesse L. Jackson Jr. pleaded guilty Wednesday to a conspiracy charge involving more than $750,000 in campaign funds at a dramatic hearing before a federal judge in Washington.
“I am guilty, your honor,” he said, according to a report in the Chicago Tribune.
As part of the plea agreement, Jackson could face a jail sentence of 46 to 57 months, the Tribune reported. But both sides reserved the right to argue for more — or less — jail time, the paper continued. His sentencing hearing is set for this summer.