Filing papers in court now.
Pleading guilty to fraud, corruption and tax evasion in Federal Court.
Agreement reached late last night.
It’s a cooperation agreement. Final sentence will be determined when he finishes cooperating. Maximum of 10 years.
CNN reports he’s been cooperating for over a year.
UPDATE: The New York Times has the story.
UPDATE II: CNN says the paperwork will be officially filed at about 12:15 or 12:30 today.
UPDATE III: Hotline reports Abramoff’s attorney will hold a press conference at 12:30 PM.
UPDATE IV: Abramoff’s “Criminal Information” — the facts he’s admitting to as part of his plea agreement — is available from CNN.