Michael Sneed of the Chicago Suntimes reports exclusively that a plea deal is on the table for Rep. Jesse Jackson, Jr from the feds who are investigating "allegations of campaign fund misuse."
Sneed says the plea deal includes Jackson serving "significant time" in federal prison and that Jackson's wife, Sandi, is also under investigation for campaign finances abuse.
Jackson is the son of civil rights leader Jesse Jackson.
“Significant jail time is now definitely a part of the deal,” writes Sneed, citing a source close to the probe.
A second source added: “But I think [Jackson’s wife] Sandi, feels like she was thrown under the bus by her husband,” now that a separate probe has begun on her.
Jackson spent months being for a mood disorder at a mental facility.
For some time even the well-connected Chicago media didn't know where he was being treated. But many in the media believed Jackson's alleged mental problems were just a ploy to evade justice.
The extensive federal investigation included 2 probes involving alleged campaign finance misuse by Jackson and his wife Sandi, a former Chicago alderman. Among the pricey items Jackson allegedly splurged campaign funds on was a $40,000 Rolex watch.
The feds reviewed the couple's personal finances, "including credit card charges, as well as the movement of money from one account to another," sources told Sneed.
Sneed goes on to explain that although "Sandi Jackson was encouraged to become a Chicago alderman by her husband, the two passed like ships in the night, shuttling between their homes in Washington, D.C., and Chicago in order to be with their two children."
Sandi Jackson, who resigned as city alderman last month, was advised to get a lawyer at least four months ago.
For years, Sandi Jackson was paid nearly $5,000 a month from her husband’s campaign fund through her consulting firm, J. Donatella & Associates. The payments continued, even after Jesse Jackson Jr. checked into a mental health facility last year and — except for a robo-call — did not campaign for the Nov. 6 election, which he won.
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Photos: AP Photo/Charles Dharapak (Jackson) and Richard A. Chapman/Sun-Times (Sandi Jackson)