It appears that Jack Abramoff is close to making a plea deal with Federal prosecutors. The looming question is… what tune will Jack be singing about whom?
Federal prosecutors and lawyers for Republican lobbyist Jack Abramoff are putting the finishing touches on a plea deal that could be announced as early as Tuesday, according to people familiar with the negotiations.
The plea agreement would secure the lobbyist’s testimony against several members of Congress who received favors from him or his clients.
Abramoff and a former partner were indicted in Miami in August on charges of conspiracy and fraud for allegedly lying about their assets to help secure financing to purchase a fleet of gambling boats.
For the past two weeks, pressure has been intensifying on Abramoff to strike a deal with prosecutors since his former business partner, Adam Kidan, pleaded guilty to fraud and conspiracy in connection with the 2000 SunCruz deal.
Abramoff’s cooperation would be a boon to an ongoing Justice Department investigation of congressional corruption, possibly helping prosecutors build criminal cases against up to 20 lawmakers and their staff members.
The deal could be completed before Tuesday (possibly “via fax over the weekend”), but there is conference scheduled for 3:30 p.m Tuesday to update on the status of the plea agreement.