By Dan Christensen, browardbulldog.org
South Florida U.S. Rep. Robert Wexler’s 13-year sojourn in Congress is almost over, but his campaign – or rather his campaign’s fat bank account – will run on indefinitely.
But the Wexler campaign’s final takeaway is likely to be lighter than the congressman expects. The reason: the apparent total loss of Wexler’s unusual and secretive investment of $150,000 in campaign funds in a business associate’s real estate company.
Records show that Wexler’s campaign had nearly $1 million cash on hand at the end of September. And by the time the congressman finishes paying bills, handing out staff bonuses and contributing to fellow Democrats his campaign will finish with about $700,000, his chief of staff said.
“He hasn’t decided what to do with the rest of it and wants to keep his options open. It will be there for him if he wants the option of returning to public service,” said Eric Johnson.