John Edwards will soon be indicted by a federal grand jury, the National Enquirer reports.

The tabloid has basically owned the Edwards scandal beat since it first reported his affair with Rielle Hunter. The pending indicted, they report, will stem from an improper use of campaign funds to pay Hunter.

And in a soap opera twist, Elizabeth Edwards may in fact testify against her estranged husband.

From the report:

"John is terrified that he's going to be indicted," a friend told The ENQUIRER.

"While he believes he's done nothing illegal in trying to hide his extramarital affair with Rielle and their daughter, he thinks the Feds are going to make an example of him."