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Welle Files His Financial Disclosure Report

Congressional Candidate’s Disclosure Raises More Questions

Congressional Candidate Josh Welle

Josh Welle, address unknown, the Democrat endorsed by the Monmouth and Ocean Democrats to run against Congressman Chris Smith in the 4th Congressional District, filed his Financial Disclosure Report with the Clerk of the House of Representatives on Sunday, March 11.  MMM reported on Saturday March 10 that Welle was over four months late in filing the report, a violation of the Ethics in Government Act that could result in a fine up to $58,000.

Welle has not explained why he did not file the report as required in October of 2017.  Nor is it clear that the report filed on Sunday brings him into compliance.   Welle reached the $5000 fund raising threshold that triggered the requirement of the report within thirty days on September 29, 2017. He was then required to disclose his assets and sources of income of more than $5,000 for 2016 and 2017 within thirty days.  The report filed yesterday indicated that it is for the year 2017 but also indicates that it covers the period of January 1, 2017 through February 28, 2018.  The disclosures of income and assets seem to be for 2017 and YTD 2018. Read the rest of this entry »

Posted: March 12th, 2018 | Author: | Filed under: 2018 Elections, Chris Smith, Monmouth County News, Monmouth Democrats, New Jersey | Tags: , , , , , , , , , | 2 Comments »