Menendez and his wife, businesswoman Nadine Arslanian, sold between $200,000 and $400,000 in gold from April 2022 and June 2022, according to Menendez’s annual financial disclosure. Menendez and Arslanian still own between $100,000 and $250,000 in gold bullion, which is gold usually kept in the form of bars or coins.
Menendez did not list the gold on his 2020 financial disclosure, but amended that filing in March 2022 to list between $100,000 and $250,000 of the precious metal held by Arslanian.
The timing of the sale could add a new wrinkle to an ongoing federal investigation into the New Jersey power couple. Menendez and Arslanian sold the bullion amid a probe into a New Jersey-based halal meat company whose owner is said to be longtime friends with Arslanian and has allegedly given her jewelry and other gifts in the past.
[What kind of scandal and corruption has Menendez *not* been involved in? — Ed]
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