Former US Congressman, Tj Cox, Arrested for Federal Fraud Charges

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Former US Congressman, Tj Cox, Arrested for Federal Fraud Charges

Former Rep. TJ Cox, a Democrat from California, is facing more than two dozen federal charges stemming from what federal prosecutors said were multiple fraud schemes and campaign contribution fraud, the Justice Department announced Tuesday.

A 28-count indictment against Cox, who served one term, was unsealed in federal district court in California charging him with 15 counts of wire fraud, 11 counts of money laundering, one count of financial institution fraud and one count of campaign contribution fraud, according to the Justice Department.

Cox was elected to represent California’s 21st Congressional District in 2018, but lost the seat to Republican David Valadao in 2020. He was arrested on Tuesday, court records show.

Federal prosecutors alleged that the “multiple” fraud schemes carried out by Cox targeted companies he was affiliated with, along with their clients and vendors. He is accused of creating unauthorized, off-the-books bank accounts and diverting money into them through “false representations, pretenses and promises.”

Finally, the FBI has detained Democratic politician TJ Cox on suspicion of several counts of fraud, money laundering, and falsifying election campaign finance reports. Cox was also charged with 11 charges of money laundering, 15 counts of wire fraud, and one count of financial institution fraud.

20 years in prison was the possible punishment and a fine of $250,000 may be imposed on the former US representative representing California’s 21 congressional districts. According to the Department of Justice, he could also be sentenced to 30 years in jail and a $1 million fine for the wire fraud against the financial institution.

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