Jesse Jackson Jr. Agrees to Plea Deal, Faces Five Years in Jail

Jesse Jackson Jr. Agrees to Plea Deal, Faces Five Years in Jail

On Friday, prosecutors formally charged former Rep. Jesse Jackson Jr. (D-IL) with illegally spending campaign funds, making false statements, and wire frauds. Jackson reportedly has reached a plea agreement with prosecutors that would result in less than five years of jail time.

A judge will determine the time Jackson spends in jail, which still could be five years. 

According to the indictment, Jackson spent nearly $750,000 in campaign funds on “expensive Rolex watch, memorabilia previously owned by a Michael Jackson, Malcolm X and Bruce Lee, furnishings for his home and fur coats.” Jackson must forfeit the memorabilia and the mink coats and is expected to pay a fine. 

Jackson apologized to friends and family and said there was no excuse for his conduct. 

“Over the course of my life I have come to realize that none of us are immune from our share of shortcomings and human frailties,” Jackson said in a statement. “Still I offer no excuses for my conduct and I fully accept my responsibility for the improper decisions and mistakes I have made.”

Comment count on this article reflects comments made on and Facebook. Visit Breitbart's Facebook Page.