Tuesday, October 21, 2008

Mahoney's Wife Says I'm Outta Here

Congressman Mahoney's Woes Continue

LABELLE, FL. -- Terry Mahoney, wife of Democratic Congressman Tim Mahoney apparently is saying "goodbye" to Congressman Mahoney, filing divorce papers in Palm Beach county Monday.

Mr. Mahoney admitted publicly last week to having "numerous" affairs after news reports of his payoff to a former mistress. Married since December 1984 Mahoney's wife claims he recently sold real estate owned by both of them and moved the money to his bank account and then "dissipated funds" from the account. She wants an accounting of marital assets sold off in the last two years, according to the divorce suit.

The congressman has listed his net worth as between $3 million and $12 million in various financial disclosures. Last week, Mahoney said he was not resigning or withdrawing from his re-election bid. His district cover portions of Hendry, Glades, Martin and St. Lucie counties.

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