- Associated Press - Friday, May 16, 2014

CHICAGO (AP) - Court documents filed by lawyers for ex-U.S. Rep. Jesse Jackson Jr. say the imprisoned politician is refinancing a home to pay forfeiture judgments related to his federal corruption conviction.

The Chicago Sun-Times reports (http://bit.ly/1j1EeGt ) Jackson is expected to pay U.S. Marshals $550,000 by the end of the month. He’s already paid the government another $200,000.

The Chicago Democrat is serving a 2 1/2-year sentence after admitting to illegally using campaign money. Jackson admitted spending $750,000 of donors’ money on more than 3,000 personal items.

He’s scheduled for release Dec. 31, 2015.

Jackson and his wife Sandi own two homes - one in Chicago and one in Washington.


Information from: Chicago Sun-Times, http://www.suntimes.com/index



Click to Read More

Click to Hide