From Blue State Review:
Embattled Congressman Aaron Schock used a shell corporation last year to complete a real estate transaction arranged by and financed by Schock’s political supporters and campaign donors — raising troubling new questions about whether he received favorable terms on the purchase price and financing, and whether he repaid the donors with legislative favors and purchases from his campaign account.
An investigation by Blue Nation Review has uncovered the purchase of a vacant lumberyard on 3.5 acres of commercial land by a shell corporation controlled by Schock. The seller, broker, and lenders were all top political donors to Aaron Schock who in at least one case was actively lobbying Schock on legislation favorable to his bank.
The existence of the shell corporation itself – Menards Peoria, LLC – was first reported late Friday by Chicago’s NBC affiliate, but it was unclear at that time what the purpose of the corporation was or if it had made any transactions. Schock’s offices refused to speak to NBC or answer any questions about the company despite several days of inquiries by the TV station.
Yes, I know that Blue Nation Review is a liberal-leaning Website, But unless they made up these facts out of whole cloth, it does not look good for Schock. A donor sold his a piece of property for $300,000 that he previously was asking $1,077,000 for.
Go read the whole thing.