Currently on CNN:
"BREAKING NEWS Lobbyist Jack Abramoff, a close associate of former House Majority Leader Tom DeLay, to plead guilty to corruption, other charges, source tells CNN."
CNN reporting Abramoff negotiated a deal that limits his punishment to 10 years in prison. Abramoff has been cooperating for a while..
Update from the NY TIMES:
Jack Abramoff will plead guilty to three felony counts in Washington on Wednesday as part of a settlement with federal prosecutors, ending an intense, months-long negotiation over whether the Republican lobbyist would testify against his former colleagues, people involved with the case said
Mr. Abramoff, 46, is pleading guilty to fraud, public corruption and tax evasion, setting the stage for prosecutors to begin using him as a cooperating witness against his former business and political colleagues. In exchange, Mr. Abramoff faces a maximum of about 10 years in prison in the Washington case.
After entering his guilty plea in United States District Court in Washington, Mr. Abramoff will also announce a plea agreement in a related Florida case, in which he was indicted last year. In that case, he is pleading guilty to fraud and conspiracy in connection with his purchase of the SunCruz casino boat line, and will face a maximum of about seven years' prison time.
Mr. Abramoff has been talking to investigators in the corruption case for many months, participants in the case said, giving them a full picture of what evidence he could offer against other suspects. His participation in Washington has taken place mostly below the radar, as prosecutors made the Miami case the focus of their public work and as Mr. Abramoff and his associates claimed they were preparing to stand trial, facing up to as many as 30 years in prison.
More as its available, Im sure better threads will pop up, but I'll update as info comes available. And just a note: If your crimes are so bad, that after tattling on Congressmen, etc that you STILL get 10 years in jail, must be quite the crimes.
"I'd love us to get our mitts on that moolah." Abramoff, in an e-mail to an ally, about an American Indian tribe's contributions to Democrats.