Illinois Congressman, Aaron Schock, is set to resign amid controversy over his alleged lavish spending habits.
Recent documents show 33-year-old Schock paid a political donor $750,000 for a warehouse in Peoria then took out a $600,000 mortgage from a local bank run by other donors.
The Illinois congressman is also under scrutiny following accusations of improperly categorized expenses, lavish spending and payments for private jets for donors.
Documents also show that last May, Schock paid $300,000 to buy commercial property from a Peoria car dealer who contributed about $12,000 to Schock’s congressional campaign.
The Office of Congressional Ethics, which is an outside panel that reviews complaints against House members before offering recommendations, made contact with the associates of Schock to begin an investigation.
Schock released a statement today saying, “Today, I am announcing my resignation as a Member of the United States House of Representatives effective March 31. I do this with a heavy heart. Serving the people of the 18th D
istrict is the highest and greatest honor I have had in my life.”
The news that the Republican is stepping down comes as a surprise to many. Schock said that the “constant questions” have made it difficult to serve the people with the constant distractions.
“I have always sought to do what’s best for my constituents and I thank them for the opportunity to serve,” he concluded.