Monday, August 31, 2009

Rangel Failed to Disclose More Income and Assets, Forms Show



Representative Charles B. Rangel failed to report hundreds of thousands of dollars in income and assets on his financial disclosure forms for 2002 through 2006, including tens of thousands of dollars in rental income from a Harlem brownstone he sold in 2004, according to records filed this month with the clerk of the House of Representatives.

Doug Mills/The New York Times
Charles B. Rangel is facing two House investigations.

Related
Rangel Failed to Disclose $500,000 in Assets for ’07 (August 26, 2009)
Times Topics: Charles B. RangelMr. Rangel, who is facing investigations by two House subcommittees into his personal finances and fund-raising, filed amended financial disclosure forms on Aug. 12 acknowledging that he had omitted an array of assets, business transactions and sources of income. They include a Merrill Lynch Global account valued between $250,000 and $500,000; tens of thousands of dollars in municipal bonds; and $30,000 to $100,000 in rent from a multifamily brownstone building he owned on West 132nd Street.

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