Feds seek to seize homes of Jesse Jackson Jr. and wife

WASHINGTON, D.C. — Federal prosecutors asked a judge Friday to let the government seize the homes of former Rep. Jesse Jackson Jr., D-Ill., and his wife, Sandi, in Washington and Chicago, plus an IRA he has worth almost $80,000.

Jackson, 48, will be sentenced Wednesday for looting his campaign treasury of $750,000. The government wants him to pay a $750,000 forfeiture plus restitution in the same amount.

Sandi Jackson, 49, a former Chicago alderman, also will be sentenced Wednesday for failing to report to the IRS about $600,000 in the couple’s income.

Prosecutors said the two properties originally were owned by the Jacksons, who in 2008 transferred the properties to the “Jesse Louis Jackson Jr. Living Trust.” The trust has Jackson Jr. and his wife as trustees, prosecutors said.

The transfer occurred during the Jacksons’ crime spree, government lawyers said.

Jackson Jr.’s IRA had a balance of $79,729 last May 29, prosecutors said.

In their motion, prosecutors also noted that Jackson Jr. earlier had agreed to forfeit 24 items that he purchased during his crime spree. They were bought for a total of $61,910. So far, he has turned over only 12 items, purchased for a combined $21,155, prosecutors said.

The items including cashmere, furs and celebrity memorabilia tied to Bruce Lee, Jimi Hendrix, Martin Luther King Jr. and Michael Jackson, according to the plea deal Jackson Jr. struck. In their new motion, prosecutors did not identify which items Jackson Jr. had turned over and which he had not.

“If and when the defendant turns over the remaining items, they will be sold,” prosecutors said, “and the sale price of those items after expenses will also be deducted from the forfeiture money judgment.”

The sale will be conducted by the U.S. Marshals Service, they said.

Prosecutors want both Jacksons sent to prison as their defense lawyers argue for leniency. A ruling on the new motion by the judge is expected Wednesday at sentencing.

The case is in the U.S. District Court for the District of Columbia.


(c)2013 Chicago Tribune

Visit the Chicago Tribune at www.chicagotribune.com

Distributed by MCT Information Services