Jackson Jr. vows ‘best efforts’ to come up with $750K

Former Rep. Jesse Jackson Jr., who faces a possible prison term when he is sentenced Aug. 14, has told government lawyers that he will “make his best efforts” to satisfy a $750,000 forfeiture he owes within the next 90 to 180 days, a court filing today said.

Jackson, 48, a 17-year veteran of Congress who quit last fall, looted his campaign treasury of about $750,000 and spent the money on luxury goods, celebrity memorabilia, mounted elk heads and other items.

The court filing did not disclose how Jackson will come up with the money.

Together, prosecutors and defense lawyers in today’s filing have asked a judge to temporarily stay – or stop – until Oct. 25 a ruling on an earlier request by the government seeking to seize Jackson Jr.’s interest in his two homes, one in Chicago and one in Washington, and as well as a financial account he has.

Jackson, the filing added, “will update the government frequently on hs progress (toward fulfilling the obligation) throughout that time period.”

His wife, Sandi Jackson, 49, a former Chicago alderman, will be sentenced the same day for failing to report about $600,000 in income on the couple’s tax returns.

Federal prosecutors want Jackson Jr. sentenced to four years in prison and his wife to 18 months in prison. Defense lawyers have asked for leniency, in his case because they say he suffers from severe depression and bipolar disorder and in her case, because they say the Jacksons’ children, ages 9 and 13, need their mother.

When the Jacksons pleaded guilty in February to one felony each, he agreed to pay a $750,000 forfeiture and she agreed to make restitution totaling $168,550.

The two defendants will be sentenced before Judge Amy Berman Jackson, no relation, in the U.S. District Court for the District of Columbia.

kskiba@tribune.com

Twitter @KatherineSkiba

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

11 comments


Related Stories


Follow

Get every new post delivered to your Inbox.

Join 523 other followers