John on September 14, 2009 at 10:25 am
The NY Post gives a detailed run down of some of Charlie Rangel’s financial shenanigans:
In 2001, Rangel claimed income for the building, reporting between $2,501 and $5,000 a year. He did the same in 2002 and 2003, then amended the reports to show income between $15,000 and $50,000.
Even if expenses on the building brought his take to nothing in certain years, he was required to report the gross rent.
A Rangel spokesman did not directly address the apparent lapses in the congressman’s rental record, saying the lawmaker had taken care of any mistakes on his disclosure forms by filing amendments last month.
But the amendments covered only 2002 to 2006, not the eight years when he claimed no rent. The amendments revealed his failure to report millions of dollars in assets.
Last year, The Post revealed Rangel’s failure to declare $75,000 in rental income on his villa in the Dominican Republic.
The Ethics Committee is also taking a hard look at Rangel’s claim on a 1989 mortgage document that the row house was his primary residence.
As The Post reported last month, Rangel was then living across the street in at Lenox Terrace. He also, at that time, claimed a primary residence in Washington [sorry no pic].
I remember, back during the campaign, when the number of houses someone owned was a big story.
Category: Politics |