Report: 'Substantial reason to believe' Alan Grayson broke law
There is “a substantial reason to believe” that U.S. Rep. Alan Grayson broke federal law and House ethics rules in connection with his offshore hedge fund and other actions in office, according to an investigative report released Tuesday.
But the House Committee on Ethics, which received the report, said the probe into Grayson requires “further review,” so it did not announce any final decision about his fate.
Investigators were initially looking into whether Grayson, D-Orlando, used his position in Congress to solicit investors to the Grayson Fund, partially based in the Cayman Islands. But the report also found possible ethical and federal law violations in his work as a lawyer, investments and the use of his office and staff.
Grayson issued a detailed rebuttal to the House Office of Congressional Ethics report in which he denied any wrongdoing. He called it “utterly frivolous” and “replete with amorphous catch-phrases like ‘reason to believe.’ It does not identify any instance where the OCE actually found an ethics violation, or any violation of law.”
http://www.orlandosentinel.com/news/politics/political-pulse/os-alan-grayson-ethics-investigation-20160405-story.html
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