Jackson is accused of diverting $750,000 for his personal use.
Related to the investigation into Jackson’s misuse of funds, his wife Sandra Jackson was charged with submitting false tax returns, according to documents filed in US Federal Court in Washington.
The Illinois Democrat has struck a plea deal with prosecutors, one of his lawyers told AFP, and he reportedly faces up to 57 months in prison. Sandra Jackson, who recently resigned as a city legislator in Chicago, also reportedly struck a plea deal.
The former congressman was charged with conspiracy, making false statements, and mail and wire fraud, according to the charging document.