MSNBC is reporting that Former Rep. Jesse Jackson Jr. has signed papers in a plea deal with federal prosecutors in which he admits to violating campaign finance law.
In the papers, Jackson admits converting campaign contributions for personal use.
Some of the violations include using campaign funds for a $40,000 Rolex watch, travel expenses for a friend and furniture purchased for his Washington, D.C., home.
Under the terms of the deal, Jackson's sentence would be decided by a federal judge and could range from probation to prison time.
Jackson resigned from Congress on Nov. 21 acknowledging a federal investigation and citing health issues. He represented his district on Chicago's South Side for 17 years.