New stories

0 New Stories Since Your Last Visit

Jesse Jackson Jr. Signs Plea Deal

Under the terms of the reported deal, his punishment for misuse of campaign funds will be in the hands of a federal judge. 

Jesse Jackson Jr. (Getty Images)

Jesse Jackson Jr., who resigned from Congress three months ago after being accused of using campaign contributions for personal use, has now signed a plea deal with federal authorities, NBC News reports.

Under the terms of the deal Jackson signed, he pleads guilty and his fate -- as to jail time -- would be in the hands of a federal judge, not yet assigned. 

He would repay the government hundreds of thousands of dollars -- for items like the $40,000 Rolex watch, travel expenses for a woman he described as a "social acquaintance" and furniture purchased for his home.

Converting campaign contributions for personal use is strictly prohibited by federal law. It opens Jackson up to "not more than 5 years" in prison.  

Read more at NBC Chicago

Like The Root on Facebook. Follow us on Twitter.