Several hundred thousand dollars are missing from the campaign account of U.S. Rep. Frank LoBiondo, a source familiar with the matter told PolitickerNJ.
LoBiondo has referred the matter to federal officials for investigation, the source said. Several Federal Election Commission reports will need to be restated to account for the missing money.
No charges in the matter have yet been filed.
This summer, LoBiondo campaign treasurer Andrew McCrosson was replaced by CPA Doug Heun, who filed the final reports for the campaign. Heun also amended the campaign's July quarterly report. The amended report showed nearly $300,000 less in campaign receipts and $416,000 less in total expenditures than the report filed by McCrosson, though the cash on hand amount remained virtually the same at just over $1.1 million. It's unknown if the amended report has anything to do with the missing funds.
In response to inquiries about the missing money, LoBiondo's attorney issued the following statement.
"The LoBiondo campaign recently became aware of an issue involving a former campaign worker," said William McGinley. "The campaign has contacted the appropriate federal authorities and is actively cooperating with their investigation. For this reason, we will not comment further on this matter at this time."
With the support of Gov. Chris Christie, Jamie Fox is on the fast track to get back to the Department of Transportation (DOT). The question is why?Read More >
Guv prospects Fulop and Sweeney add voices to Silva, Stack and striking 1199 SEIU workers UNION CITY – They tried out their blue collar tough guy tonsils today in front of a purple-shirted crowd of striking healthcare workers – two of three as-yet-undeclared Democratic candidates for governor: Jersey City...
By JEFF BRINDLE It is critical that the Legislature soon enact a pending bill that would ensure the state’s Gubernatorial Public Financing Program is available in the event of a special election for governor. Not only is there no current legal... Read More >
“We’re going to hold the line until hell freezes over, and when hell freezes over, we’re going to hold the line on ice skates." - Assemblyman Raj Mukherji (D-31), at yesterday's SEIU 1199 rally.- PolitickerNJ
Press releases are submitted by PolitickerNJ users, not by staff. They do not represent the viewpoint of PolitickerNJ.com.