
[Updated 8:20 p.m: To clarify the nature of the filed court document]
Federal prosecutors Friday filed felony charges against former U.S. Rep. Jesse Jackson Jr., alleging the illegal misuse of about $750,000 in campaign funds for personal expenses and gifts.
The formal charges of conspiracy, making false statements, and mail and wire fraud, were made public in federal court only days after Jackson had signed a plea deal with prosecutors who were investigating potential financial improprieties.
After the charges were filed Friday, Jackson issued a statement accepting responsibility for making mistakes and bad decisions. He did not dispute prosecutors' allegations.
[Original post, 4:05 p.m.]
Former U.S. Rep. Jesse Jackson Jr. and a co-conspirator have admitted to concealing about $750,000 in campaign funds for their personal use, according to a plea deal filed in federal court Friday.
Jackson, D-Illinois, admitted to conspiracy and other charges related to the misappropriated campaign funds, according to the court documents.
CNN reported last week that Jackson had signed a plea deal with prosecutors investigating potential financial improprieties, but the details of the alleged improprieties weren't then available.
Jackson, who represented Illinois' 2nd Congressional District beginning in 1995, resigned in late November after winning election to a tenth term in the House. He had not been seen in Washington or his district since last spring, and his office slowly revealed that he was receiving treatment for a mood disorder, depression and gastrointestinal issues at the Mayo Clinic in Minnesota.
FULL STORY

Father like son Senior Jackson has no job but is always seems to go everywhere and is dressed to perfection Can
someone tell me how this is done? ,because I must be doing something wrong working for a living
He has a J.D. and has worked for foundations and as a representative. That's probably more than you do. That said, he needs to suffer the consequences of his actions like any other embezzler.
Foundation. The great spender of other peoples money. He has not achomplished anything by himself in his life. Total loser.
I think the official diagnosis in this situation should be changed from depression, bi-polar disorder, and gastrointestinal issues to scared schitless.
Lol. He should be.
The USA, where Politicians and Pastors make out like bandits. And all their money is donated by idiots or those wanting a reward. What a blessing.
don't worry Al Sharpton has already declared it's a racist witchunt
Right on Bill. And if anyone thinks he will draw prison time, think again, the judge will be scared to death to touch him and the money will flow to keep him out. Not to mention the Black Panthers will have a say.
You have to cut him some slack. He is, after all, a politician in Chicago – the land of corrupt politicians. What's that you say – Obama is from there too? Well, you said it, I didn't....
You mean the same as all politicians from Texas are stupid and evil?
Please tell us of one, any one place in the US that is free of corrupt politicians.
Zwei Stein: exactly.
And this is exaclty where Obama came from...Chicago. Do you think he will act any different in DC? What's he done in four years except advocate gays, lesbians, and free healthcare? This country is in big trouble.
You need to get out more.....
SOI translation: "the sky is falling! The sky is falling!"
I hope the plea deal didn't include no jail time, and the same for his co conspirator (probably the wifey)
Hey if Obama had a son, .....yea you know, plus his granddaddy was a slave, his dad was a slave, you know the story.
If this was the plea deal, I can't even imagine what really went down.
Walmart reports that employees are now taking home less money. Yea this a underhanded thing the republicans did. But thier STILL trying to put it into words, how exactly they pulled it off.
Another shwatz thief. That needs to go to jail.
Where is not old Jesse these days? I miss his speeches with all the rhymes and rhythm.