Cain campaign allegedly linked to illegal fundraising

A report obtained and extensively sourced by the Journal Sentinel points to the possibility that Presidential Candidate Herman Cain may have gotten his campaign off the ground by using illegally-raised funds from a supposed nonprofit then run by his current chief and deputy chief of staff.

Financial records indicate that Prosperity USA claimed Friends of Herman Cain owed it $40,000 for a slew of items in February and March including travel and iPads after Cain began taking donations for his presidential bid in January. The purchases may constitute a breach of federal law, according to Daniel Bice of the JS.

Items purchased but not yet paid for included: an “Atlanta invoice” for $15,000, $17,000 for chartered flights and $5,000 for travel and meetings in Iowa, Las Vegas, Houston, Dallas and Louisiana, Bice wrote.

“The national election expert who works with GOP candidates said it would be a violation of the tax code for Prosperity USA to advance money to the Cain campaign for these items. She said there also are strict federal election regulations on reporting debts and incurring travel obligations.”

“‘I just don’t see how they can justify this,’ she said. ‘It’s a total mess.’”

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This entry was posted in By Allison Gatlin, Money, News, Politics, Presidential Election. Bookmark the permalink.

2 Responses to Cain campaign allegedly linked to illegal fundraising

  1. Keith Owens says:

    Once again we see the liberal media attack a conservative candidate with anything they can find (true or not true) simply because they disagree with his politics!! Plenty of things were found on Obama (associations with hate-speech preachers, terrorists, etc.) that were never elaborated on by the media at the time because he was “their guy.”

  2. The lone reader says:

    I like Cain. I also like Romney and think he is actually electable. But I’d be willing to bet that the negative stuff about Cain that has come out the last few days is coming from a Republican opponent.

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