Feds seek to seize former Rep. Jackson Jr.’s homes, savings

Jesse_Jackson_Jr-1From The Hill,  By Jonathan Easley –   06/28/13 – Federal prosecutors asked a judge on Friday to allow the government to seize  former Rep. Jesse Jackson Jr.’s two homes, as well as an IRA account with nearly  $80,000 in it, according to a Chicago  Tribune report.

Jackson and his wife, Sandi, have a home in Chicago and another in Washington,  D.C. Jackson, who is guilty of looting his campaign fund of $750,000 for  personal purchases, will be sentenced next Wednesday, and prosecutors are  seeking a four-year prison term for the former Congressman.

According to  the report, Jackson has forfeited about $20,000 worth of merchandise so far,  including some rock and film memorabilia and a Rolex watch. Prosecutors say they  will deduct whatever items Jackson hands over from the amount he owes the  government, following a sale by the U.S. Marshals Service. Prosecutors  are looking to recoup the $750,000 he stole, as well as an additional  $750,000. Jackson’s wife Sandi has pleaded guilty to not reporting  $600,000 in income and faces up to 18 months in prison.

— Read more: http://thehill.com/blogs/blog-briefing-room/news/308535-feds-seek-to-seize-former-rep-jackson-jrs-homes-savings#ixzz2XcSfYDON Follow us: @thehill on Twitter | TheHill on Facebook

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