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Thursday , December 8 2016
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Obama fined $375,000 for 2008 campaign improprieties: Biggest Fine Ever Levied Against Candidate

President Obama’s 2008 campaign was fined $375,000 by the Federal Election Commission for campaign reporting violations — one of the largest fees ever levied against a presidential campaign, POLITICO has learned.

The fine — laid out in detail in FEC documents that have yet to be made public — arose from an audit of the campaign, which was published in April. POLITICO obtained a copy of the conciliation agreement detailing the fine, which was sent to Sean Cairncross, the chief lawyer for the Republican National Committee, one of the groups that filed complaints about the campaign’s FEC reporting from 2008.

Barack Obama U.S. Democratic Presidential nominee Sen. Barack Obama (D-IL) (R) speaks as U.S. Democratic Vice-Presidential nominee Sen. Joe Biden (D-DE) laughs during day three of the Democratic National Convention (DNC) at the Pepsi Center August 27, 2008 in Denver, Colorado. U.S. Sen. Barack Obama (D-IL) will be officially be nominated as the Democratic candidate for U.S. president on the last day of the four-day convention.

The major sticking point for the FEC appeared to be a series of missing 48-hour notices for nearly 1,300 contributions totaling more than $1.8 million — an issue that lawyers familiar with the commission’s work say the FEC takes seriously. The notices must be filed on contributions of $1,000 or more that are received within the 20-day window of Election Day.More than half of those contributions were transferred from the Obama Victory Fund,a joint committee between the campaign and the Democratic National Committee.

Sources said the fine resulting from the settlement agreement has been paid, with $230,000 coming from the Obama campaign’s coffers and the remainder from the DNC.

About Wayne Dupree

My name is Wayne Dupree or as most of you know me by, Newsninja2012. I am and have been committed to exposing the Democrats in a way that has been frowned upon by some conservatives and cheered by many more.

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