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Business Finance

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First thing, I want you to do before you comment on that paper. Read the paper I send you and follow those instructions.

You must answer the questions thoroughly and cite all relevant assigned readings for those attachments (using APA format). In a separate page send me the links I want to verify them.

. DO NOT refer to or incorporate information from extremely unreliable sources (e.g., Wikipedia, TMZ, and The Onion).

Posts must be well written, free of grammatical errors, relevant to the topic, and demonstrate critical thinking and analysis.

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WHY you agree/disagree or why you think it is a good answer or not.

Question

  1. What are the charges?
  2. How were their crimes uncovered?
  3. What is the evidence against them?
  4. Was there a plea offer or are the waiting trial?
  5. Did they stay in office, step down from their position or were they removed from office?

Required readings:

Friedrichs, D.O. (2010). Trusted criminals: White-collar crime in contemporary society. (4th ed.). Belmont, CA: Wadsworth.

Other articles and websites – as linked via BlackBoard

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Millery For this week posting, I had the task to find a city official from my city of Chicago, former U.S Representative Jesse Jackson Jr. and his wife Sandi Jackson who both were scheming to spend $750,000 in campaign funds on personal expenses and his wife was charged with filing false income tax forms. What are the charges? The charges for the crimes that Jesse Jackson Jr. and his wife Sandi Jackson committed was Sandi Jackson was sentenced to a year in prison for filing false tax returns in connection with the misuse of her husband’s campaign funds, a crime she pleaded guilty to in February. Jesse L. Jackson Jr. was sentenced to 30 months in prison, one count of conspiracy and committed false statements, mail fraud and wire fraud in the misuse of approximately $750,000 in campaign funds How was the crimes uncovered? The crime was uncovered by Jesse’s campaign money for almost 5 years they were living off it. They were buying expensive things far as furniture, clothes, jewelry and etc. What is the evidence against them? The evidence against the Jackson’s used campaign funds to buy a $43,350 gold Rolex watch along with almost $10,000 in children’s furniture that he had delivered to his home in the District. Among other allegations, prosecutors say Jackson made direct expenditures of about $57,793 from the campaign’s accounts for personal expenses. The documents say he and a co-conspirator used a campaign credit card to make $582,773 worth of purchases for their own use. Was there a plea trial or are the waiting trial? Yes, there was a plea deal that Jesse and Sandi Jackson took. They both pleaded guilty to all charges that was brought against them. Meaning Jesse will get 46 to 57 months in prison and Sandi had received a year and a day for her actions. Did they stay in office, step down from the position, or were they removed from the office? Jackson resigned from Congress in November 2012, He said he was being treated for bipolar disorder, a condition that he asked the court to take into account in his sentencing. Sandi Jackson resigned from her elected position as Chicago’s 7th Ward Alderman. Reference Schmidt, S. Michael(Feb 20, 2013), "Jesse Jackson Jr. peads guilty: I Lived off my champaign" New York Times
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