Rangel’s Hidden Wealth Revealed in New Disclosure

Rep. Charles Rangel is at least twice as wealthy as he originally reported, according to a corrected financial disclosure form the Manhattan congressman recently filed with the House of Representatives.

Rangel’s amended disclosure statement for 2007 reports new assets worth between $647,000 and $1.38 million. That raises the value of his holdings to between $1.03 million and $2.95 million.

Read more: (Thomas M. Defrank, “New Disclosure Reveals Rep. Charles Rangel’s Hidden Wealth,” New York Daily News, 8/25/09)