Jesse Jackson Jr. Pleads Guilty After Spending $750,000 In Campaign Funds On Rolex Watches, Furs & Michael Jackson Memorabilia

- By Bossip Staff Categories: Arrests, Bolitics, For Discussion

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You going to jail today!

Jesse Jackson Pleads Guilty To Misusing Campaign Funds

Via Chicago Tribune reports:

Former U.S. Rep. Jesse Jackson pleaded guilty this morning to a conspiracy count involving misuse of more than $750,000 in campaign cash, and will face prison time when he is sentenced this summer.

As part of the plea deal, the parties have agreed that sentencing guidelines in the case call for a sentence of between 46 and 57 months, but the sides reserved the right to argue for a sentence above or below that range. Jackson would not be eligible for probation, the sides concur.

He will be sentenced June 28.

Jackson spoke softly during the hearing and sometimes dabbed his eyes with a tissue. When asked by Wilkins how he would plead, Jackson answered: “I am guilty, your honor.”

Asked to sum up his conduct, Jackson acknowledged misusing campaign funds.

“I used money I shouldn’t have. . .for personal purposes, and I acknowledge that,” Jackson told the judge.

Leaving the courtroom, Jackson told a reporter “tell everybody back home I’m sorry I let ’em down, OK?”

Looks like Daddy Jesse will be seeing his ‘shady baby’ off to jail SMH!!!

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