CALHOUN, Sept. 5, 2012 — The notorious “Meth 6” motel here has sold in foreclosure for pennies on the dollar, potentially clearing the way for lenders to pursue two Georgia lawmakers for a defaulted loan. On Aug. 16, after the abandoned motel brought $370,000, a Gordon County judge signed an order allowing a bank to seek payment on the rest of a $1.88 million debt from U.S. Rep. Tom Graves and Sen. Chip Rogers. Graves says the order is merely a formality.
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The IRS has slapped another tax lien on a business co-owned by U.S. Rep. Tom Graves and Georgia Senate Majority Leader Chip Rogers. Graves said his accountant has cleared up the lien as well as a previous one over a total debt of $8,965.
A North Georgia bank is accusing congressional candidate Tom Graves of attempted fraud for trying to escape a $2.25 million debt. The complaint, filed last week by Bartow County Bank, alleges Graves transferred his home and adjoining properties worth $657,000 into a trust last year to protect it from the debt. For that, the bank would like punitive damages.
This Washington-based advocacy group made its name by endorsing a handful of candidates, primarily in House and Senate races, and serving as a conduit for donors across the country to support them financially. It’s put more than $300,000 into Georgia’s 9th Congressional District race on behalf of former state Rep. Tom Graves. It’s also worked out well financially for Pat Toomey, a former three-term congressman from Pennsylvania who became president of the Club for Growth in 2005.
What do a homemaker from Charlotte, a manufacturer from Wisconsin and a retiree from San Diego have in common? None can vote for Tom Graves, but all want him in Congress. With the help of the Washington-based Club for Growth, hundreds of non-Georgians are bankrolling Graves’ run for the U.S. House, while the American Dental Association has stepped up for his opponent. Those groups have funneled more than $400,000 into the 9th District, raising the question: Why should a voter from Minnesota or Texas have anything to say about who North Georgia sends to Congress? Read on…
Georgia legislators cannot accept campaign contributions while they are in session. Except when they can. Four lawmakers running for Congress collected more than $343,000 in campaign funds between them while the General Assembly was in session this year, federal campaign filings show. Rep. Clay Cox, seeking the seat being vacated by Congressman John Linder, led the pack with $114,712.