Tag Archives: “Cold Cash” Jefferson

Memory Lane: Congressman “Cold Cash” Jefferson

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Hey! Remember this guy? Congressman William “Cold Cash” Jefferson, Democrat, Louisiana. They called him “cold cash” because federal agents found $90,000 in marked bills in his freezer (http://articles.latimes.com/2009/aug/06/nation/na-jefferson6).

The investigation started in 2005 and they caught him with the cash in 2006–whereupon he was promptly re-elected to Congress. In 2009 he was sentenced to prison for bribery and money laundering. And in 2017 they let him out because the Supreme Court “raised the prosecutorial bar” in cases involving official corruption–a very bad idea, in retrospect.

How much money do you have squirreled away in your freezer?

No one comes home from Capitol Hill poor.

 


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