Maryland Democrat ‘significantly underreported’ the value of his ownership stake in Total Wine, watchdog says
Maryland Rep. David Trone (D.) burned $62 million of his own money on his failed Senate primary bid in May. Now, he may spend his last remaining months in Congress fending off allegations that he misrepresented the true extent of his wealth in his public financial disclosure reports.
The Foundation for Accountability and Civic Trust (FACT), a government watchdog group, on Thursday filed a complaint with the Office of Congressional Ethics alleging that Trone’s financial disclosures “significantly underreported” the value of his ownership stake in Total Wine, the $2.4 billion liquor retail chain he cofounded with his brother, in violation of federal law. The complaint cites extensively from a series of…
