Ex-Congressman Jesse Jackson Jr. to Sell D.C. Home to Pay Feds for Misuse of Funds

Former congressman owes $750,000 for misusing campaign cash

By BJ Lutz
|  Friday, Oct 25, 2013  |  Updated 11:54 AM EDT
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Life and Times of Jesse Jackson Jr.

Jesse Jackson Jr. resigned from Congress in 2012.

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Former Rep. Jesse Jackson Jr. has agreed to put his Washington, D.C. home on the market in an effort to satisfy a $750,000 forfeiture he owes, court documents filed Friday indicate.

The 48-year-old former Chicago congressman was sentenced in August to 30 months in prison for using campaign cash on personal items such as memorabilia related to stars like Bruce Lee, Michael Jackson and Jimi Hendrix.

In a court filing, attorneys said Jackson has so far been unable to come up with the cash. In addition to the proceeds of the home sale, the former congressman has also agreed to pay $200,000 to the government by Nov. 1. Part of that money will come from an investment account, and with that payment, the government has agreed to not seek forfeiture on the entire account.

Jackson and his wife, former Chicago Ald. Sandi Jackson, briefly put the four-bedroom, five-level Washington home on the market in September 2012.

Sandi Jackson was sentenced to one year in prison for tax fraud. She'll begin her sentence when Jackson Jr. completes his.

Several items the couple turned over to authorities were auctioned off in September.

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