Former Congressman CHARGED – Fraud Schemes Reported!
(ConservativeHub.com) – The rule of law is a cornerstone national value — and ideally, no one goes unpunished for their crimes. The foundational idea now applies to one former House Representative from California, indicted on 28 different counts, including money laundering and fraud.
On Tuesday, August 16, a federal grand jury charged Terrance John “TJ” Cox (D) with wire fraud, illegal campaign contributions, and money laundering, among other financial and campaign-related crimes. The former congressman represented the residents of Fresno in the US House from 2018 to 2020.
Ex-Dem congressman TJ Cox busted in fraud schemes worth over $3M https://t.co/nLdbLw0kfh pic.twitter.com/pyhzTNlbeS
— New York Post (@nypost) August 16, 2022
Cox allegedly funneled money to family members who then donated to his congressional campaign. While leading a community development firm, he allegedly mishandled over $1.7 million in client payments and investments that prosecutors accuse him of using for his own purposes. The disgraced lawmaker also may have lied to obtain a $1.5-million construction loan on which he defaulted with a loss of over $1.28 million. These are just a few examples of his vast financial schemes and scams.
While Cox lost his reelection bid to David Valadao (R) in 2020, he almost ran again in 2022. However, he ended up endorsing Rudy Salas (D). News outlets report Salas was quick to denounce Cox and say he has “disgraced himself.” As this case plays out, America will see whether or not these charges stick.
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