Jesse Jackson Jr wasted funds on bunk stuff?

Feds cancel Jackson Jr. auction over Van Halen guitar

The authenticity of a guitar supposedly signed by Michael Jackson and Eddie Van Halen was a concern in canceling an auction of some of Rep. Jesse Jackson Jr.'s pop culture mementos. (Gaston & Sheehan Auctioneers)
By Katherine Skiba Tribune reporter

10:47 a.m. CDT, September 20, 2013
WASHINGTON—The U.S. Marshals Service announced today it was canceling an ongoing auction of some of former Rep. Jesse Jackson Jr.’s pop culture mementos because of concern about the authenticity of a guitar supposedly signed by Michael Jackson and Eddie Van Halen.

Jackson and his wife, Sandi, both South Side Democrats, were sentenced in August to prison terms for looting his campaign treasury of about $750,000.

The Marshals Service released the following statement:

"The U.S. Marshals Service today canceled the auction of forfeited assets from the Jesse Jackson, Jr., case before the U.S. District Court for the District of Columbia. After receiving legitimate concerns about the authenticity of the guitar purportedly signed by Michael Jackson and Eddie Van Halen and out of an abundance of caution, the Marshals Service will conduct a secondary review of all the assets. Once the review is complete, a decision will be made whether to repost any assets for sale by auction.

"The Marshals Service takes its responsibility to fulfill the asset forfeiture mission very seriously," said Kim Beal, acting assistant director for the Asset Forfeiture Division of the U.S. Marshals Service. "Because new information has come to light, we are taking additional steps to review all the items. It is our practice to be diligent about all matters relating to the management and sale of assets.

Jackson pleaded guilty in February to conspiring to commit mail and wire fraud and to making false statements. He admitted that he defrauded his re-election campaigns of about $750,000 in funds that were used to pay for personal items and expenses. Net proceeds from the sale of the auctioned assets were to be used to help satisfy the $750,000 money judgment imposed by the court as part of Jackson’s sentence.

Jackson was sentenced to 30 months in prison and his wife, a former Chicago alderman, to one year. He was given until about Nov. 1 to surrender and begin his sentence. She is to serve her term when he is freed.