Jesse Jackson Jr., Wife Plead Guilty To Charges Involving Campaign Funds | Roland Martin Reports

Jesse Jackson Jr., Wife Plead Guilty To Charges Involving Campaign Funds

Source: Carol Cratty and Tom Cohen / CNN

Washington – With moist eyes and soft voices, former U.S. Rep. Jesse Jackson Jr. and his wife pleaded guilty to federal charges on Wednesday related to years of using campaign funds for personal expenses that included purchases of Michael Jackson memorabilia and a Rolex watch.

“Guilty, your honor,” Jackson responded to U.S. District Judge Robert Wilkins while dabbing his eyes with a handkerchief after he looked back at family members in the courtroom, including his father, civil rights activist Jesse Jackson.

“I used monies that should have been used for campaign purposes,” Jackson, 47, acknowledged to the judge. When Wilkins asked if Jackson realized that the guilty plea meant giving up the right to a trial, he responded: “I have no interest in wasting the taxpayers’ time or money.”

Wilkins set sentencing for June 28, when Jackson could face up to five years in prison and a maximum fine of $250,000.

To read this article in its entirety visit CNN.