The legacy of Jesse Jackson Jr. continues to unravel. Federal prosecutors have charged the former congressman with fraud and conspiracy.
They claim he misused campaign money for personal expenses to the tune of $750,000.
Not only is Jackson facing charges, but so is his wife Sandi, an ex-Chicago Alderman. She has been charged with filing false tax returns.
They are both pleading guilty to the charges, which could place the former Illinois congressman behind bars for months.
Prosecutors say Jackson and his wife were involved in an elaborate scheme to use campaign money for lavish personal expenses.
The items purchased include more than $20,000 of Michael Jackson memorabilia, including a nearly $4,600 fedora worn by the pop star. More than $5,000 of mink and cashmere capes, $10,000 of Bruce Lee memorabilia, $10,000 of children's furniture and a $43,000 men's Rolex watch.
Most of the items came from Antiquities of Nevada. A clerk reached by phone said they had no comment.
Jackson isn't talking either, but he has released a statement.
"I offer no excuses for my actions and I fully accept my responsibility for the improper decisions and mistakes I have made," Jackson says.
Sandi Jackson is charged with one tax count for allegedly filing a false tax return.
Jackson, the son of the Reverend Jesse Jackson, resigned in November shortly after winning a re-election bid to Congress. He took a medical leave to treat his bipolar disorder.
Jackson ended his statement with an apology to his family friends and supporters.
"It is my hope that I am remembered for things that I did right," says Jackson.
Prosecutors are recommending a prison sentence of 46 to 57 months for the former congressman and much less for his wife Sandi.
Jackson will have to forfeit all the memorabilia as well.
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