U.S. Rep. Cox Accused of Equipment Leasing Fraud



The San Joaquin Valley Sun reported that Rep. TJ Cox (D–Fresno) has been accused in a recently-filed lawsuit of defrauding investors who provided loans of $150,000 to Troy Equipment Leasing.

According to the complaint filed December 17, 2019, Cox allegedly failed to disclose to the investors his conflicts of interest relating to a gold mine in Canada.

The Sun reported that Cox served as a corporate director of Constellation Mines, which purchased and leased mining equipment from Troy Equipment Leasing, which was also controlled by Cox.


Like this story? Begin each business day with news you need to know! Register now for FREE Daily E-News Broadcast and start YOUR day informed!

Leave a comment

View Latest Digital Edition

Terry Mulreany
Subscriptions: 800 708 9373 x130
terry.mulreany@monitordaily.com
Susie Angelucci
Advertising: 484.459.3016
susie.angelucci@monitordaily.com

View Latest Digital Edition

Visit our sister website for news, information, exclusive articles,
deal tables and more on the asset-based lending, factoring,
and restructuring industries.
www.abfjournal.com