Jesse Jackson Jr., the former Demecratic representative from Illinois, plead guilty Wednesday to one count of wire and mail fraud in connection with his use of $750,000 in campaign money to buy personal items. 

Prosecutors recommended that Jackson serve 46-57 months in prison as part of his plea agreement. The sentencing hearing is set for June 28. 

Jackson's wife, Sandi, also plead guilty to one count of willingly filing a false tax return later Wednesday afternoon. 

Last week, prosecutors filed charges against the couple, accusing them of misusing the $750,000 in campaign funds from August 2005 to April 2012. He drew the funds of an account he opened called "Jesse Jackson for Congress". 

The former congressman used the funds to purchase items ranging from a $43,000 gold-plated Rolex wrist watch to two $8,000 hats worn by the late singer Michael Jackson. He also used the money to buy more assorted memorabilia like a football signed by former U.S. presidents. 

Jackson was first elected to Congress in 1995 as a representative from the Second District of Illinois. He resigned from Congress in November, citing mental and physical health issues.