Former U.S. Rep. Jesse Jackson Jr. was charged today with violating federal law by misusing campaign funds.
Jackson, 47, a Democrat from Chicago, faces felony charges, including conspiracy, in a criminal information filed in the U.S. District Court for the District of Columbia. Typically, federal prosecutors use an information to charge defendants when a plea deal has been negotiated.
His wife, Sandi Jackson, was charged in an information with one count of filing false tax returns.
Jesse Jackson is accused of diverting $750,000 in campaign funds for personal use.
Read More Jesse Jackson Jr. charges
Just to give you an idea how shady this guy is, he bought himself a $43,000 Rolex watch with campaign funds.
Former Rep. Jesse L. Jackson Jr. (D-Ill.) will plead guilty to conspiring with his wife to illegally spend $750,000 in campaign funds on personal expenses, including a $43,000 Rolex watch, fur coats and memorabilia associated with Michael Jackson, Martin Luther King Jr., Malcolm X and Bruce Lee, according to information obtained by POLITICO.
The charges against him may include conspiracy, making false statements, and mail and wire fraud.
Prosecutors will recommend a prison sentence of between 46 and 57 months for Jackson Jr., as well as a fine of $10,000 to $100,000, and forfeiture of a yet-to-be-determined portion of the misspent $750,000 in campaign funds.