WASHINGTON - In a spectacular fall from political prominence, former U.S. Rep. Jesse Jackson Jr. and his wife agreed Friday to plead guilty to federal charges growing out of what prosecutors said was a scheme to use $750,000 in campaign funds for lavish personal expenses, including a $43,000 gold watch and furs.
Federal prosecutors filed one charge of conspiracy against the former Chicago congressman and charged his ex-alderman wife, Sandra, with one count of filing false joint federal income tax returns for 2006 through 2011 that knowingly understated their income. Both agreed to plead guilty.
Both face maximum penalties of several years in prison; he also faces hundreds of thousands of dollars in fines and forfeitures. But the government did not immediately release the text of its plea agreements. Such agreements almost invariably call for prosecutors to recommend sentences below the maximum.
Jackson, son of the famed civil rights leader, entered Congress in 1995 and resigned last November. Sandi, as she's known, was a Chicago alderman but resigned last month amid the federal investigation.
Jackson, a Democrat, used campaign money to buy such things as a $43,350 Rolex watch and $9,587 worth of children's furniture, according to court papers. His wife spent $5,150 on fur capes and parkas, the document said.
"I offer no excuses for my conduct, and I fully accept my responsibility for the improper decisions and mistakes I have made," the ex-congressman said in a written statement released by his lawyers. "I want to offer my sincerest apologies ... for my errors in judgment, and while my journey is not yet complete, it is my hope that I am remembered for things that I did right."
Several messages left with Jackson's father, the voluble civil rights leader Jesse Jackson, were not returned Friday. The elder Jackson has often declined to comment about his son's health and legal woes over the past several months.
The government said, "Defendant Jesse L. Jackson Jr., willingly and knowingly, used approximately $750,000 from the campaign's accounts for personal expenses" that benefited him and his co-conspirator, who was not named in the one-count criminal information.
The prosecutors' court filing said that upon conviction, Jackson must forfeit $750,000, plus tens of thousands of dollars' worth of memorabilia items and furs.