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Political Action Committee Fined

Discussion in '2007 Archive' started by carpro, Aug 29, 2007.

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  1. carpro

    carpro Well-Known Member
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    http://www.politico.com/news/stories/0807/5555.html

    Soros-linked group hit with huge fine

    By: Kenneth P. Vogel
    Aug 29, 2007 02:19 PM EST

    The Federal Election Commission has fined one of the last cycle’s biggest liberal political action committees $775,000 for using unregulated soft money to boost John Kerry and other Democratic candidates during the 2004 elections.

    America Coming Together (ACT) raised $137 million for its get-out-the-vote effort in 2004, but the FEC found most of that cash came through contributions that violated federal limits.

    The group’s big donors included George Soros, Progressive Corp. chairman Peter Lewis and the Service Employees International Union.

    The settlement, which the FEC approved unanimously, is the third largest enforcement penalty in the commission’s 33-year history.
     
    #1 carpro, Aug 29, 2007
  2. KenH

    KenH Well-Known Member

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    I wonder which two organizations had larger fines.
     
    #2 KenH, Aug 29, 2007
  3. bobbyd

    bobbyd New Member

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    and i'm sure this is just the visible part of the iceberg when it comes to illegal activities concerning Soros related groups.
     
    #3 bobbyd, Aug 29, 2007
  4. carpro

    carpro Well-Known Member
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    The Progress for America- Voter Fund was also fined $750,000. I'm not aware of any other 527 group that was fined more.
     
    #4 carpro, Aug 30, 2007
  5. JamieinNH

    JamieinNH New Member

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    On April 18, 2006, the Federal Election Commission (FEC) announced the largest civil penalty in the agency's history. Freddie Mac, also known as the Federal Home Loan Mortgage Corporation, paid the FEC $3.8 million to settle civil charges under the Federal Election Campaign Act (FECA) and to avoid litigating the matter in federal court.

    LINKIE

    Jamie
     
    #5 JamieinNH, Aug 30, 2007
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