Tags: obama | foreign | money

Foreign Money Flowing Into Obama Campaign

Monday, 11 Aug 2008 11:29 AM

By Jim Meyers

Record amounts of money from abroad are flowing into Barack Obama’s presidential campaign — and there is no easy way to determine if foreigners are making illegal donations.

Through June, Democrat Obama received $2.8 million in donations from foreign sources, according to federal election records obtained by The Hill newspaper.

That dwarfs the $381,809 that Republican rival John McCain received from abroad. It is also more than President Bush and John Kerry combined received in the 2004 presidential campaign. Bush took in $747,857 from foreign sources; Kerry got $550,834.

According to federal laws, contributors to federal, state and local elections must be U.S. citizens or permanent residents with green cards.

But with many Americans living overseas and contributing to campaigns, making sure the donations are legal can be difficult. Foreigners often can get away with contributing to a campaign if they are willing to make false statements about their status.

“If a contributor lies to campaigns, that’s outside the control of the campaign,” Jan Baran, an elections and ethics lawyer with the firm Wiley Rein, told The Hill.

And Larry Noble, a former Federal Election Commission general counsel, said the ability to donate money via the Internet “has raised the ease with which someone could make a foreign national contribution.”

© 2015 Newsmax. All rights reserved.

Around the Web
Join the Newsmax Community
Please review Community Guidelines before posting a comment.
>> Register to share your comments with the community.
>> Login if you are already a member.
blog comments powered by Disqus
Zip Code:
Privacy: We never share your email.
Hot Topics
Follow Newsmax
Like us
on Facebook
Follow us
on Twitter
Add us
on Google Plus
Around the Web
Top Stories
You May Also Like

Mali's Islamists Withdraw Cease-Fire Pledge

Friday, 04 Jan 2013 13:06 PM

Tens of thousands of Fatah supporters rallied in the Hamas stronghold of Gaza on Friday for the first time since they we . . .

Fmr. CIA Director Hayden: Iran Nuclear Crisis Gets 'Scarier'

Tuesday, 17 Jul 2012 18:11 PM

 . . .

Join Fmr. CIA Director for Special Iran Briefing, Assess the Danger

Friday, 13 Jul 2012 12:27 PM

 . . .

Most Commented

Newsmax, Moneynews, Newsmax Health, and Independent. American. are registered trademarks of Newsmax Media, Inc. Newsmax TV, and Newsmax World are trademarks of Newsmax Media, Inc.

America's News Page
©  Newsmax Media, Inc.
All Rights Reserved