Memo to Former Congressman William Jefferson: Now Do You See That Putting $90,000 In The Freezer Was A Bad Idea?

After hearing evidence for more than one month in a federal court in Alexandria, Va., a jury found Former Congressman William J. Jefferson guilty on 11 charged counts, including solicitation of bribes, honest services wire fraud, money laundering, racketeering and conspiracy.  Jefferson was acquitted on three counts of honest services wire fraud, an obstruction of justice charge and of violating the Foreign Corrupt Practices Act.  U.S. District Judge T.S. Ellis III accepted the verdict and scheduled sentencing for Oct. 30, 2009.  Jefferson faces a maximum penalty of 150 years in prison and the jury will reconvene tomorrow to address whether he will additionally face forfeiture of up to $456,000 plus stock certificates.

According to the Department of Justice, from August 2000 to August 2005 Jefferson used his position as an elected member of the U.S. House of Representatives to corruptly seek, solicit and direct that things of value be paid to himself and his family members in exchange for his performance of official acts to advance the interests of people and businesses who offered him the bribes.  The things of value, according to evidence at trial, included hundreds of thousands of dollars worth of bribes in the form of payments from monthly fees or retainers, consulting fees, percentage shares of revenues and profits, flat fees for items sold and stock ownership in the companies seeking his official assistance.
 
Evidence at trial showed that Jefferson performed a wide range of official acts in return for things of value, including leading official business delegations to Africa, corresponding with U.S. and foreign government officials, and utilizing congressional staff members to promote businesses and businesspersons.  The business ventures that Jefferson sought to promote included telecommunications deals in Nigeria and elsewhere; oil concessions in Equatorial Guinea; satellite transmission contracts in Botswana, Equatorial Guinea and the Republic of Congo; and development of different plants and facilities in Nigeria.