State Democratic Party Accuses Lawmaker Of Pocketing $437K From Virginians Facing Foreclosure Before Elected To Congress

In Norfolk, Virginia, The Hill reports:

• The Virginia Democratic Party (VDP) hammered Rep. Thelma Drake (R-Va.), a licensed real estate agent, for turning a profit on three properties she bought in foreclosure before being elected to Congress. [...] The VDP press release called attention to three properties in Norfolk, Va., off of which Drake was able to make $437,000 by buying them at low prices due to foreclosures. Drake has sold one of the properties and has continued to rent the other two.

• “This is a serious conflict of interest,” said Jared Leopold, communications director for the VDP. “While Virginians struggle to hold onto their homes, Thelma Drake has turned their struggles into her personal profit. Thelma Drake has serious questions to answer for Virginians about who she truly represents.”

For more, see Dems accuse Drake of profiting from foreclosures.