Rangel Changes His Tune About His Net Worth

August 28, 2009

House Ways and Means Committee Chairman Charles Rangel has filed new disclosure documents revealing his net worth is double what he originally said it was. The Democrat from New York is already under investigation for various tax and financial issues.

Rangel’s amended disclosure forms include previously undisclosed assets worth as much as $780,000 — including an omitted checking account worth up to a half-million dollars, unreported investment portfolios of up to $50,000 and another fund of $100,000.

Read more: (Shannon Bream, “Rep. Rangel Changes His Tune About His Net Worth,” Fox News Channel, 8/28/09)