Storing your money in your freezer may keep it fresh, crisp and free of spoilage, but it will not necessarily prevent federal prosecutors from seeking an indictment against you.
That's the lesson Rep. William Jefferson, D-La., may learn today, as there are now several reports that federal prosecutors have gone to a grand jury to ask for an indictment against him.
Jefferson was allegedly caught up in a scheme that involved bribes to support investments in Africa; a raid on his home -- in which the frozen money, $90,000 total, was discovered -- was controversial after some in Congress raised separation of powers issues, claiming such a raid on a congressman's home violated the Constitution. Despite the scandal, and House Democrats' decision to strip him of his membership on the House Ways and Means Committee, Jefferson was reelected to his seat last year.
Update: The grand jury has come back with an indictment against Jefferson; he's charged on 16 counts that include racketeering, soliciting bribes and money laundering.
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