10/25/2013 1:29:00 PM Jackson to sell DC home to pay $750k in penalties
CHICAGO (AP) — Prison-bound former Congressman Jesse Jackson Jr. plans to sell his home in Washington to help pay $750,000 in penalties stemming from his sentence for illegally spending campaign funds on personal items.
The ex-Illinois congressman’s lawyers and prosecutors mentioned the plan in a joint filing Friday in U.S. District Court in Washington. They asked the judge to give Jackson more time to come up with the money.
They also noted one effort to raise cash fell through.
An online auction to sell celebrity memorabilia owned by Jackson was cancelled after the authenticity of a guitar supposedly signed by Michael Jackson and Eddie Van Halen was questioned. The filing says no memorabilia will now be sold.
The 48-year-old Chicago Democrat is expected to begin serving a 2 1/2-year prison term within weeks.