Culture of corruption: William “Cold Cash” Jefferson files for bankruptcy
| Tweet |
The corruptocrat from Louisiana is fighting to keep every last scrap of his ill-gotten gains — and he has enlisted his lawyer daughter to help.
Via NOLA.com:
Forrmer U.S. Rep. William Jefferson and his wife, Andrea, have filed for Chapter 7 bankruptcy protection as the convicted ex-congressman prepares for a forfeiture hearing in his federal corruption case.
William Jefferson was convicted earlier this month in Virginia on 11 of 16 corruption charges. He faces a forfeiture hearing because the jury found that he and his family received $470,000 and more than 30 million shares of stock proceeds as a result of criminal activities.
Meanwhile, he and his wife are seeking protection from a handful of creditors. They owe more than $1 million and less than $10 million, according to forms filed in federal bankruptcy court last week by the Jeffersons’ daughter, lawyer and former state legislator Jalila Jefferson-Bullock.
The WSJ has a PDF of the bankruptcy petition.
In other related corruption news, the disgraced lawmaker’s brother was convicted last week on four of seven corruption charges related to an education bribery case:
After deliberating for most of the day on Friday, a federal jury of six men and six women found Mose Jefferson guilty on four of seven counts in a case that involved the bribing of former Orleans Parish School Board president Ellenese Brooks-Simms to gain a favorable outcome in a $14 million contract involving a computer learning program called I Can Learn.
He was convicted on two counts of bribery and two counts of obstruction of justice and was cleared of one count of bribery, one count of conspiring to bribe Brooks-Simms and one count of conspiring to commit money laundering.
Jefferson faces a maximum possible sentence of 20 years on each obstruction of justice count.
Bilking taxpayers is a Jefferson family affair.
Former New Orleans Mayor Ray Nagin indicted on 21 counts of corruption
January 19, 2013 02:21 PM by Doug Powers
Put on your shocked faces: Another Crony Joe Biden scheme comes to light
October 23, 2012 01:09 PM by Michelle Malkin
Speak up, take action: Everybody Blog About Pigford Day
May 1, 2013 10:03 AM by Michelle Malkin
Current TV employees introduced to new owners, ‘bulls*-tter’ Al Gore conspicuously absent from meeting
January 8, 2013 04:36 PM by Doug Powers
Categories: Al Gore, Enviro-nitwits, global warming, Media
Green Room
» Breaking: The Pope is, indeed, CatholicDaily Caller
» Denver media pile on local Fox TV story as a ‘hoax’Green Room
» Video: Former IRS commissioner isn’t quite sure if targeting scheme violated American valuesDaily Caller
» Issa hasn’t recalled Lerner to testify, Lawyer saysGay Patriot
» Spike of Gay-Bashings in NYCcity whose mayor seeks to limit our means of self-defenseGay Patriot
» This morning’s Obama scandal newsGay Patriot
» Let’s Help The Dogs of Oklahoma City!Daily Caller
» Krauthammer: Obama, Democrats created ‘climate’ for IRS tea party targeting






