Did You Know...

   

Culture of corruption: William “Cold Cash” Jefferson files for bankruptcy

Share
By Michelle Malkin  •  August 31, 2009 04:54 PM

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.

blog comments powered by Disqus

Just great: Hillary Clinton dusts off ‘It Takes a Village'; Says ‘**every life matters’

April 30, 2015 06:47 AM by Doug Powers

hillary1

**Unborn not included

Presidential candidate whose dealings require constant surveillance to call for police body cams

April 29, 2015 07:48 AM by Doug Powers

billhill

Projection personified

Team Hillary’s first emailed bumper sticker pitch is an in-your-face reminder that she has 9 lives

April 24, 2015 08:37 PM by Doug Powers

hillarycat

Stuck on Chairman Meow

Chairman of uber-populist Dem candidate’s campaign wants you to trust word of corporate billionaire just this once

April 23, 2015 10:09 PM by Doug Powers

hillarypodesta

Scandal snuffer working overtime


Categories: 2016 Campaign, Campaign finance, Corruption, Democrats, Hillary Clinton

Follow me on Twitter Follow me on Facebook