The once-hefty warchest of former U.S. Senator Bob Menendez is down to less than three gold bars, according to reports filed with the Federal Election Commission today.
Menendez, serving an eleven-year prison sentence for taking bribes and illegally representing a foreign government, is now down to $326,507 cash-on-hand after spending $175,000 on lawyers who were representing his now-convicted wife, Nadine.
The former Senate Foreign Relations Committee chairman has burned through a $10 million campaign warchest since his September 2023 indictment. He announced his plan to resign from the Senate in July 2024, effective August 20.
He began serving his sentence on June 17 and was transferred to a minimum security federal prison in Allenwood, Pennsylvania, in July.
Menendez is appealing his conviction for taking gold bars, a luxury Mercedes, and hundreds of thousands of dollars in cash in exchange for acting as a foreign agent of the government of Egypt while serving in the Senate. The U.S. Court of Appeals denied his bid to remain free pending appeal in June.
Last month, Nadine Menendez was sentenced to 4.5 years in federal prison.
