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Rubio’s Senate Opponent Sells Gifted Stock To Fund Campaign

Sunday, October 30, 2016 15:47
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(Before It's News)

It appears as if Rep. Patrick Murphy’s father has indirectly donated $1 million to fund is son’s senatorial campaign against Sen. Marco Rubio (R).

Thomas Murphy, owner of Coastal Construction Group, has been pouring money into his son’s congressional campaigns since 2012, as well as funding Super PAC’s in support of junior’s political endeavors.

Murphy Sr. gave his son Patrick $5 million of Coastal stock when he narrowly beat then-Rep. Allen West (R) in 2012.

This past Sunday, Murphy told reporters in Tallahassee that he sold $1 million of the $5 million in stock his father gifted him.

“It was basically a stock sale, of stock I had.” -Rep. Patrick Murphy

Murphy first announced that he loaned this campaign the million dollars last week, which prompted Rubio to question where his opponent scraped up the money, considering that it appears Murphy did not have the money on hand.

The post Rubio’s Senate Opponent Sells Gifted Stock To Fund Campaign appeared first on Shark Tank.

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