Former US Rep. TJ Cox, 59, a Democrat from California, has been indicted on federal money laundering and wire fraud charges related in part to campaign donations, according to court documents unsealed Tuesday.
The 28-count indictment was unsealed today in the Eastern District of California charging the former member of Congress with multiple fraud schemes and campaign contribution fraud.
According to allegations in the indictment, Cox perpetrated multiple fraud schemes targeting companies he was affiliated with and their clients and vendors.
Authorities allege that Cox created unauthorized off-the-books bank accounts and diverted client and company money into those accounts through false representations, pretenses and promises. From 2013 to 2018, across two different fraud schemes, Cox illicitly obtained over $1.7 million in diverted client payments and company loans and investments he solicited and then stole.
Cox may face up to 55 years in jail and $500,000 in fines.
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