New Congressman Rivera made quick condo sale, repaid debt
Herald: Only eight days after winning election to Congress, David Rivera sold a condominium to his mother's company in an effort to stave off increasing questions about his personal and campaign finances -- and an unfolding criminal investigation.
The Nov. 10 sale was completed around the same time that Rivera says he repaid $132,000 in undisclosed loans he received from Millennium Marketing, a company run by Rivera's mother and godmother. The two-bedroom condo at 8897 Fontainebleau Blvd. in West Miami-Dade had an assessed value last year of $89,000, county records show.
Rivera's relationship with Millennium is at the heart of a criminal probe of his personal and campaign finances by the Miami-Dade State Attorney's Office, the Miami-Dade Police Department and the Florida Department of Law Enforcement.
The investigation cast a shadow over Rivera's swearing-in Wednesday as part of the Republican Party's new freshman class in the U.S. House of Representatives. Not long after the ceremony, reporters asked the new Republican majority leader, Eric Cantor, whether Rivera would be disciplined under his "zero tolerance" ethics policy. Cantor would not comment.