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Welle’s Company Owes $130,000 In Delinquent Taxes

Josh Welle thanked Sen Menendez for his mentorship during the Dem Convention in Atlantic City last month

The technology company that Josh Welle co-founded in 2015 still exists and it owes $130,424.14 in delinquent taxes to the State of Delaware, according to public records obtained on Monday by MMM.

Welle is the Democrat nominee for congress in New Jersey’s 4th district.

The candidate reported that his company, Severn Pacific Inc., was dissolved in his Financial Disclosure Statement filed with the Clerk House of Representatives on March 11, 2018, the day after MMM reported that he was delinquent in filing that report. His FDS says he was the CEO of the company.

During a candidates’ forum in February, while he was competing for the Democrat nomination for Congress in CD-4, Welle told the Democrat activists present that his company was dissolved and that no one owns it.

 

The questioner at the forum asked Welle about the status of his company, Crossdeck. Crossdeck, along with MilitaryMobile, are trade names of Severn Pacific Inc. registered in Washington, DC.

Welle could have more than political and financial problems as a result of his inaccurate Financial Disclosure Report. In addition to a fine of almost $58,000 for each inaccurate report, knowingly falsifying a Financial Disclosure Report in punishable by up to one year in prison, according to the House Ethics Committee’s Guidelines.

Welle hung up on MMM when we called him in March about his missing Financial Disclosure Report.  He ran and hid when he saw MMM approaching after his bogus town hall meeting in Jackson on August 2. We didn’t call him for this story, but if he provides an explanation, we’ll be sure to print it.

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Posted: October 2nd, 2018 | Author: | Filed under: 2018 Elections, Monmouth County, Monmouth County News, New Jersey | Tags: , , , , , , , , , , , , | 12 Comments »

12 Comments on “Welle’s Company Owes $130,000 In Delinquent Taxes”

  1. Call in the IRS! said at 9:11 am on October 2nd, 2018:

    Oh wait, I forgot . Nothing seems to happen to Dems who fall afoul of the law. Only thing to do is defeat him in 34 days, and tell him to get a job and pay his taxes..

  2. Dems are all corrupt said at 11:09 am on October 2nd, 2018:

    Another corrupt Democrat from NJ. Welle & Menendez – what an awful ticket the Dems have in CD4.

  3. Concerned Citizen said at 11:10 am on October 2nd, 2018:

    House Ethics needs to investigate Josh Welle for this. Voters in CD4 deserve better than a candidate who lies straight to their faces & to the government.

  4. @ Concerned said at 11:22 am on October 2nd, 2018:

    Wish the House Ethics could investigate him but I doubt they could because he is not Member of the House.

    Better to make sure he never gets elected and let nature take it’s course and that his NJ home gets foreclosed on 🙂

  5. Tim H said at 7:21 pm on October 2nd, 2018:

    Here is the good news…..in 45 days people will say Josh who??

  6. Joh said at 8:29 pm on October 2nd, 2018:

    Get the crooks!!

    Trump Engaged in Suspect Tax Schemes as He Reaped Riches From His Father https://nyti.ms/2P6S6mK

  7. Now that said at 10:07 am on October 3rd, 2018:

    it appears there was no Russian “collusion “ to win the election, and that there is a chance Trump’s second conservative judge may get confirmed, let’s switch back to page one of the Dems’ playbook, my favorite: the politics of personal destruction. If you can’t beat them, trash/ destroy their family, living, and whole life. If one recalls, the President, when running, said of course he paid as little taxes as possible, just as every one of us does, each year. It is frightening how jealousy of other people’s successes is flying in the face of pursuit of the “American dream!” Race, gender, economic division: their thirst for power has become blood- thirsty, and shameful!

  8. @ Joh said at 12:13 pm on October 3rd, 2018:

    The NY Times?

    Hahahahahahahaha

  9. Proud Republican said at 11:22 pm on October 3rd, 2018:

    The New York Times, The Washington Post, the New Yorker, etc are a joke. They have lost all credibility with reporting that ranges from at best, partisan Democrat propaganda, two at worst, totally fabricated dishonest articles. Whenever I see someone reading the New York Times I actually feel sorry that they’re so gullible and easily duped

  10. But, said at 9:00 am on October 4th, 2018:

    most of them vote! Which means we have to get two each to beat them..

  11. Exactly said at 11:20 am on October 4th, 2018:

    the only real news out there is the NY Post and Fox News. They have no agenda, just state real facts. Keep preaching, Proud.

  12. @ Joh said at 12:24 pm on October 10th, 2018:

    Grasping at straws like the NY Times, eh?