Campaign Funds

Cook County Commissioner William Beavers arrives at court for his arraignment on federal tax charges on March 2, 2012. (CBS)

Beavers Gets 6 Months, $10K Fine For Tax Evasion

Federal prosecutors had been seeking a sentence of nearly two years for Beavers, who was convicted in March of four counts of tax evasion.

09/25/2013

Jesse Jackson Jr., left; Sandi Jackson (Getty Images)

Feds Begin Auctioning Off Jacksons’ Illegally Bought Possessions

The bidding is underway for a dozen items that former Congressman Jesse Jackson Jr. and his wife bought illegally with campaign money.

09/17/2013

Jesse Jackson Jr. and Sandi Jackson arrive at the federal courthouse in Washington, D.C., ahead of their sentencing hearing on Aug. 14, 2013. (Credit: CBS)

Both Jacksons Going To Prison For Misusing Campaign Funds

Saying he used his campaign fund as “a personal piggy bank,” a federal judge sentenced former Congressman Jesse Jackson Jr. to 2 ½ years in prison for misusing $750,000 in campaign money to fund a lavish lifestyle.

08/14/2013

Jesse Jackson Jr., left; Sandi Jackson (Getty Images)

Judgment Day For Jacksons In Washington, D.C. Court

They were once a political power couple from one of the most storied public families in the United States.

08/13/2013

Jesse Jackson Jr., left; Sandi Jackson (Getty Images)

Sentencing Delayed For Jesse Jackson Jr., Sandi Jackson

Former Congressman Jesse Jackson Jr. and his wife, former Ald. Sandi Jackson will have to wait a bit longer to learn their fate in federal court, after a judge delayed their sentencing hearing on Monday.

07/01/2013

Cook County Commissioner William Beavers speaks to reporters at the Dirksen Federal Courthouse on March 11, 2013, as proceedings got underway in his trial on tax evasion charges. (Credit: CBS)

Closing Arguments Wrap Up In Beavers’ Tax Trial

Federal prosecutors told a jury Thursday there’s no evidence Cook County Commissioner William Beavers was taking out a loan from his campaign fund for personal expenses, but the defense argued the prosecution was trying to “bamboozle” jurors.

03/21/2013

Cook County Commissioner William Beavers speaks to reporters at the Dirksen Federal Courthouse on March 11, 2013, as proceedings got underway in his trial on tax evasion charges. (Credit: CBS)

Beavers’ Defense Rests Case At Tax Trial

Defense attorneys for Cook County Commissioner William Beavers rested their case at his tax trial on Wednesday, and the commissioner himself did not follow through on his promise to take the stand.

03/20/2013

Cook County Commissioner William Beavers arrives at court for his arraignment on federal tax charges on March 2, 2012. (CBS)

IRS Agent Links William Beavers’ Campaign Spending To Gambling Sprees

An IRS agent indicates he gave Commissioner Bill Beavers every possible break in figuring his tax liabilities, reports WBBM’s John Cody.

03/19/2013

Cook County Commissioner William Beavers speaks to reporters at the Dirksen Federal Courthouse on March 11, 2013, as proceedings got underway in his trial on tax evasion charges. (Credit: CBS)

Dramatic Opening For Defense In Beavers Tax Trial

During a losing streak at Hammond’s Horseshoe Casino in April 2007, William Beavers went back to the bank three times in less than five hours to cash a total of $6,000 in checks from his political campaign fund, prosecutors alleged as the Cook County commissioner’s trial began Thursday.

03/15/2013

Better Government Association logo. (Credit: BGA)

BGA: Calumet City Pol Used Campaign Funds For Miami Trip

In the aftermath of former Congressman Jesse Jackson Junior’s conviction for misusing campaign funds, there’s been increased scrutiny of how politicians use the money donated by supporters. Now, the Better Government Association has found another lawmaker with questionable expenses.

03/06/2013

Former Congressman Jesse Jackson Jr. (left) and his wife, former Ald. Sandi Jackson (right) arrive at the federal courthouse in Washington, D.C., for their first appearance on charges connected to misuse of $750,000 in campaign funds. (Credit: CBS)

Jacksons Spent Tens Of Thousands On TVs, Furs, Elk Heads, More

In court documents filed as part of former Congressman Jesse Jackson Jr.’s guilty plea to charges of misusing $750,000 in campaign funds for personal expenses, federal prosecutors detailed only a portion of the illicit expenses Jackson and his wife made using campaign cash and campaign credit cards.

CBS Chicago–02/20/2013

Rep. Jesse Jackson Jr leaving his house in Washington, D.C., on Oct. 15, 2012 (Photo by ABACAUSA.COM)

Jackson Jr: ‘I Am Guilty, Your Honor’

An emotional former Congressman Jesse Jackson Jr. pleaded guilty in federal court in Washington, D.C., on Wednesday to misusing $750,000 in campaign funds.

02/20/2013

Rep. Jesse Jackson Jr leaving his house in Washington, D.C., on Oct. 15, 2012 (Photo by ABACAUSA.COM)

Jackson Jr., Wife Charged With Misusing Campaign Money, Agree To Admit Guilt

Former congressman Jesse Jackson Jr. was formally charged Friday with improperly using campaign money for personal use, including a Rolex watch, trips and meals with a mistress.

02/15/2013

Cook County Commissioner William Beavers (D-4th)

Beavers Can Tell Jury He Repaid Borrowed Campaign Funds If He Testifies

A federal judge has barred Cook County Commissioner William Beavers from telling jurors at his tax evasion trial that he repaid campaign funds he borrowed after he learned of a federal investigation, unless Beavers takes the stand.

CBS Chicago–11/30/2012

Former U.S. Rep Jesse Jackson Jr. (Credit: Getty Images)

Jackson Jr. Checks Out Of Mayo Clinic; Feds Reportedly Investigating Wife

U.S. Rep. Jesse Jackson Jr. was released from the Mayo Clinic in Minnesota on Tuesday, after a second stint there to be treated for bipolar disorder.

CBS Chicago–11/13/2012

Jesse Jackson Jr. (Credit: John Gress/Getty Images)

Jackson Jr. Remains Off The Job, But Campaign Still Spending

Congressman Jesse Jackson Jr. hasn’t been on the campaign trail for months, as he’s kept out of the public eye while being treated for bipolar disorder, but he’s certainly been spending his campaign cash, and lots of it.

CBS 2–10/18/2012

Former U.S. Rep Jesse Jackson Jr. (Credit: Getty Images)

Jackson Jr. Campaign Finance Reports Lack Details On Credit Charges, Furniture Purchase

CBS 2 has learned Congressman Jesse Jackson Jr.’s campaign finance reports do not provide details for hundreds of thousands of dollars in credit card charges, or for an $8,000 purchase from a suburban furniture store. That, amid reports the federal probe is focused on alleged misuse of campaign cash to redecorate his home.

CBS 2–10/17/2012

Jesse Jackson Jr. (Credit: John Gress/Getty Images)

Report: Jackson Jr. Allegedly Used Campaign Cash To Decorate Home

A federal probe into “suspicious activity” in U.S. Rep. Jesse Jackson Jr.’s finances reportedly is focused on allegations he used campaign funds to pay to decorate his house.

10/15/2012

Cook County Commissioner William Beavers, flanked by attorneys Victor Henderson and Sam Adam Jr., tells reporters he has proof that will refute charges he failed to pay income taxes on $68,000 he borrowed from his campaign funds. (Credit: Dana Kozlov/CBS)

Beavers Claims He Repaid Money At Center Of Tax Evasion Case

Facing income tax evasion charges, Cook County Commissioner William Beavers lambasted federal prosecutors on Thursday, claiming he has evidence the charges against him are trumped up.

CBS Chicago–07/05/2012