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Former US lawmaker Jackson Jr admits fraud

Former US congressman Jesse Jackson Jr, the son of the well-known civil rights leader, pleaded guilty February 20, 2013 to misusing $750,000 in campaign funds, including by buying himself a gold Rolex watch.Former US congressman Jesse Jackson Jr, the son of the well-known civil rights leader, pleaded guilty Wednesday to misusing $750,000 in campaign funds, including by buying himself a gold Rolex watch.