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Chicago-area businessman conviction tied to Blagojevich and Jackson

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Raghuveer Nayak, a Chicago-area businessman, was convicted of bribery and is waiting sentencing. Nayak is awaiting for a judge to determine how much jail time he will receive for his involvement in a corruption scandal involving former Illinois Governor Rod Blagojevich.

Prosecutors allege that Nayak offered to raise $1 million for Blagojevich's campaign if he named then-Congressman Jesse Jackson Jr. to President Barack Obama's old Senate seat. Nayak is also accused of bribing doctors for referrals to surgery centers he owned. Prosecutors are seeking a prison term of seven years and three months.

Nayak was charged with 19-counts of indictment with mail fraud, interstate travel in aid of racketeering and filing false income tax returns 2005 to 2008. Nayak pleaded guilty to the charges in September 2013 to avoid a lengthy trial.