(RightIsRight.co) – BREAKING NOW: The warning signs were there earlier this year, and now former California Democrat Congressman TJ Cox has been indicted in a massive fraud scheme that could land him behind bars for the rest of his life.
As the Daily Caller lays it out:
“Cox, who served a single term in Congress from 2019-2021, is charged with 15 counts of wire fraud, eleven counts of money laundering, one count of financial institution fraud, and one count of campaign contribution fraud, the Department of Justice (DOJ) said in a statement. He faces up to 55 years in prison and a $1.5 million fine if he is convicted of all charges.
“Cox stole at least $3.2 million in fraudulently obtained loans and investments as part of three separate ventures, according to the DOJ. He also falsely claimed that he would use a property he purchased as his primary residence, allegedly allowing him to access more favorable loan terms. Cox later rented the property out.
“The candidate also allegedly distributed more than $25,000 to family and friends as part of an effort to skirt campaign finance laws during the 2018 midterm elections.” [emphasis added]
As one criminal law expert told us when we reached out, “Cox is in a world of hurt. Unless the government has this case all wrong, he will be in prison for a significant period of time.”
THIS IS A BREAKING NEWS REPORT FROM RIGHT IS RIGHT.
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