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Mark Sanford Took Six-Figure Payout From Controversial Lender

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ANOTHER SCANDAL FOR THE “LUV GOV”

By FITSNEWS  ||  U.S. Rep. Mark Sanford‘s political comeback has hit another snag …

Months after yet another interpersonal drama involving the forlorn “Luv Gov” blew up in his face, Sanford is now taking heat for receiving a six-figure payout from a controversial lender.

According to the Associated Press, Sanford and North Carolina governor Pat McCrory both “accepted six-figure stock payouts from an online mortgage broker accused by regulators of deceiving its customers.”

The stock payouts came from Charlotte, N.C.-based lender Tree.com – which is being investigated by the wire service for its corrupt business practices.

According to the AP, Sanford “received his $108,539 in Tree.com stock after taking office in Congress” – although the company didn’t disclose the payout until May 2014.  The wire service says Sanford’s acceptance of the money has “never been made public until now.”

Sanford – who made nearly a quarter of a million dollars from Tree.com over a thirteen-month period beginning in April 2012 – says he’s done nothing wrong, yet he has repeatedly voted on issues related to the financial industry since winning a special election for the U.S. House in May 2013.

Sanford served two terms as South Carolina’s governor from 2003-11 – nearly getting impeached after admitting to an extramarital affair in 2009.  It wasn’t his romantic exploits that caused him problems, but rather an investigation into his travel practices – which included the taxpayer subsidization of at least one of his romantic interludes.

UPDATE: Not surprisingly, Sanford’s latest scandal is having immediate political consequences.

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