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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.

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