Jesse Jackson Jr.'s admits to violating campaign finance laws

Posted by Alex Roweon Fri, Feb 08, 2013 @ 04:19 PM

Jesse Jackson Jr. admits to violating campaign finance law, spending funds on things such as a $40,000 Rolex watch and personal travel expenses for a friend. His plea comes in response to a federal investigation which may have led to his resignation from his congressional seat in November 2012. Jackson wife, Sandi Jackson, could also potentially be charged in the case for receiving $5,000 a month as a ‘political consultant’. Depending on the decision of the federal judge, Jackson could be facing probation or possibly prison time.

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Tags: Internal Controls, campaign, congress, Jesse Jackson Jr., campaign finance, risk management, Sarbanes-Oxley, Vibato, fraud, government, federal investigation