Former Rep. Jesse L. Jackson Jr. (D-Ill.) conspired with his wife to illegally spend $750,000 in campaign funds on personal expenses, including a $43,000 Rolex watch, home renovations, fur coats and a huge array of other transactions, according to a source close to the case.
Jackson Jr. is expected to plead guilty to the charges against him - conspiracy, making false statements, and mail and wire fraud - the source said.
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