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Ex-Democrat Congressman Arrested for Money Laundering and Fraud, Faces 55 Years in Prison

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Ex-Democrat Congressman Arrested for Money Laundering and Fraud, Faces 55 Years in Prison

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Terrance John “TJ” Cox (D-CA)

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“O come, let us worship and bow down: let us kneel before the LORD our maker.”  Psalms 95:6 (KJV) 

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Listen to the article below

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[fusion_dropcap boxed=”no” boxed_radius=”” class=”” id=”” color=”” text_color=””]F[/fusion_dropcap]ormer Democrat Congressman Terrance John “TJ” Cox (D-CA) has been arrested on a 28-count indictment for money laundering, wire fraud, campaign fraud, and other charges this morning.

TJ Cox represented California’s 21st congressional district from 2019 to 2021.

He now faces up to 55 years in prison if found guilty of the charges.

Cox was charged with 15 counts of wire fraud, 11 counts of money laundering, one count of financial institution fraud, and one count of campaign contribution fraud.

He was arrested by FBI agents at 8:30 am on Tuesday, Fox News reported.

The U.S. Department of Justice (DOJ) issued a statement that said: “A 28-count indictment was unsealed today in the Eastern District of California charging a former member of Congress with multiple fraud schemes and campaign contribution fraud.

“Terrance John ‘TJ’ Cox, 59, of Fresno, is charged 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 allegations in the indictment, Cox perpetrated multiple fraud schemes targeting companies he was affiliated with and their clients and vendors.

“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.

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