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Saturday, February 16, 2013

Jesse Jackson Jr. Formally Charged with Conspiracy

Jesse Jackson Jr.

Federal prosecutors on Friday, formally filed criminal charges against former Rep. Jesse Jackson Jr. for misusing $750,000 in campaign funds to purchase everything from an expensive watch to thousands of dollars worth of memorabilia and fur capes for his wife.

In paperwork filed this afternoon in the U.S. District Court for the District of Columbia, Jackson was charged with one count of conspiracy. The charges claim that between August 2005 and July 2012, Jackson directed funds from his campaign to pay personal credit card bills totaling $582,773. Additionally, the charges accuse him of making direct, personal purchases from his campaign account in the amount of $57,793. They also allege that Jackson provided a co-conspirator with $112,150 for transactions that personally benefited him.

Specifically, the money was allegedly spent on items including $5,000 football signed by U.S. presidents, $9,600 worth of furniture and a $43,000 gold-plated men's Rolex watch. The charges say $5,150 was spent to ship fur capes and parkas from Beverly Hills, Calif., and that thousands of dollars in campaign funds were also spent on memorabilia of Martin Luther King, Jr., Bruce Lee, Michael Jackson and Jimi Hendrix.

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