Friday, June 28, 2013

Feds Seeking Seizure Of Jesse Jackson, Jr. Homes

Federal prosecutors in Chicago have asked a federal judge to allow the government to seize two homes owned by former U.S. Rep. Jesse Jackson, Jr. and his wife, Sandi, in Chicago and Washington, D.C. to help recover about $750,000 Jackson looted from his campaign account and another $600,000 his wife failed to report as income to the IRS. Prosecutors also are laying claim to an IRA account worth $80,000 held by Jackson.

The proposed seizure order would not require the Jacksons to turn the homes over to the government, but if they sell either home, a lien would be held on any equity interest they have in the homes to secure repayment of the judgment entered against them in their criminal cases. Jackson agreed as part of his plea deal, according to the Chicago Tribune, to turn over luxury items he purchased worth more than $60,000 during his crime spree, including furs, cashmere and celebrity memorabilia. The Tribune says he has so far turned over property items worth about $21,000.

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