Mystery loan lets Jacksons keep both homes
A tribune investigation discovered how former congressman Jesse Jackson Junior was able to pay a massive fine for misusing campaign funds.
A court ordered Jackson to pay $750,000, or risk losing his two homes.
He gave $200,000 before entering prison last fall– then, paid off the balance with a wire transfer in May.
The Tribune has learned that the second payment was made with money from a lending company that was only established a month earlier.
It was created at a law firm used by a Jackson family friend, who has served prison time for conspiracy and securities fraud.
Jackson Junior is currently serving a 30-month prison sentence.
His wife Sandi will serve her 12 month prison sentence after him, for filing false tax returns.
Read the full story at ChicagoTribune.com