$1m mystery donor to PAC for Romney ID’s himself. Watchdog groups file complaints

$1m mystery donor to PAC for Romney ID’s himself

   
Watchdog groups file complaintsWASHINGTON - Hours after two nonpartisan campaign-finance watchdogs filed complaints yesterday with federal election officials and the US attorney general, a mysterious $1 million donor to a political action committee supporting presidential candidate Mitt Romney came forward and identified himself.

The contributor, Edward Conard, is a former executive with Bain Capital, which was cofounded by Romney, and said last night that he did not intend to circumvent election laws when he created a company, W Spann LLC, which paid the contribution without Conard’s name attached.

“I did so after consulting prominent legal counsel regarding the transaction, and based on my understanding that the contribution would comply with applicable laws,’’ he told Politico in a statement last night.

The Campaign Legal Center and Democracy 21, nonprofit organizations based in Washington, D.C., alleged in the complaints filed earlier yesterday that the contributor may have illegally sought to hide his identity by setting up a shell company, which formed and dissolved within weeks of making the contribution. Registration records for the company do not list its owners.

“This case deserves a good, hard look from the Federal Election Commission and the Department of Justice,’’ Paul S. Ryan, associate legal counsel for the Campaign Legal Center, said in an interview. “If violations are found, they should be prosecuted vigorously in order to deter future straw-contributor schemes that make a mockery of our campaign finance disclosure laws.’’

Federal law prohibits giving money in others’ names to political candidates or committees, and violators could face civil and criminal penalties for knowingly participating in such a scheme - either as the original contributor, the person or entity acting as a go-between, or the campaign or committee receiving the money.

The two groups also urged the commission and federal prosecutors to determine if W Spann should have registered as a political committee, which would require disclosure of the people behind it. Any entity whose major purpose is influencing elections and that spends more than $1,000 to do so must register with the commission.

“As far as we know the only thing we know this corporation has done is give money to a PAC,’’ said Fred Wertheimer, founder and president of Democracy 21 and - from 1981 to 1995 - president of Common Cause, a nonpartisan organization that has advocated campaign finance reform.

http://www.boston.com/news/nation/articles/2011/08/06/1m_mystery_do...

Views: 42

Comment

You need to be a member of 12160 Social Network to add comments!

Join 12160 Social Network

"Destroying the New World Order"

TOP CONTENT THIS WEEK

THANK YOU FOR SUPPORTING THE SITE!

mobile page

12160.info/m

12160 Administrators

 

Latest Activity

Less Prone favorited cheeki kea's photo
14 hours ago
Doc Vega's 9 blog posts were featured
17 hours ago
Less Prone commented on Doc Vega's blog post Modern Day Cannibalism?
"You may be consuming human tissue unknowingly in vaccines, food or drink. One of the cruellest…"
17 hours ago
Less Prone favorited Doc Vega's blog post Modern Day Cannibalism?
17 hours ago
Less Prone favorited Doc Vega's blog post Death Threats for Assisting ICE?
17 hours ago
Less Prone commented on Doc Vega's blog post Death Threats for Assisting ICE?
"Democrats pretend to be icons of democracy, but what kind of rule do they have in mind? When they…"
17 hours ago
Less Prone commented on Doc Vega's blog post GROK Acknowledges the Co-existence of Humans and Dinosaurs
20 hours ago
omegamann posted photos
21 hours ago
Less Prone favorited Doc Vega's blog post GROK Acknowledges the Co-existence of Humans and Dinosaurs
21 hours ago
Less Prone commented on Doc Vega's blog post GROK Acknowledges the Co-existence of Humans and Dinosaurs
"I got some "proof" for you. An early prehistoric cave painting documented on a runestone."
21 hours ago
Less Prone favorited Doc Vega's blog post In the Political Realm They've Gone One Step Too Far!
21 hours ago
Less Prone commented on Burbia's video
Thumbnail

All In The Family | Mike Meets Archie For The First Time | The Norman Lear Effect

"Television programs have come down a lot in quality since those days. "
21 hours ago
Doc Vega posted a blog post

In the Political Realm They've Gone One Step Too Far!

I'm Your Host here on a completely new program. We call it One Step Too Far! Join us now for some…See More
yesterday
Doc Vega posted photos
yesterday
Doc Vega commented on Burbia's video
Thumbnail

All In The Family | Mike Meets Archie For The First Time | The Norman Lear Effect

"Wow almost as brainless as entitled as the college dolts who argued with Charlie Kirk before his…"
yesterday
Less Prone commented on Burbia's video
yesterday
Less Prone favorited Burbia's video
yesterday
Less Prone posted a video

America Copied Germany’s Jerry Can — But Missed The One Genius Detail that Made All the Difference

America Copied Germany’s WWII Jerry Can — But Missed The One Genuis Detail that Made All the DifferenceIn World War II, Allied armies were losing up to half ...
yesterday
Less Prone favorited Burbia's photo
Monday
Burbia posted a photo
Sunday

© 2026   Created by truth.   Powered by

Badges  |  Report an Issue  |  Terms of Service

content and site copyright 12160.info 2007-2019 - all rights reserved. unless otherwise noted