Tags: Feinstein | Embezzled | Donations | FEC

FEC Likely to Rule Against Feinstein in Fraud Case

Friday, 06 Apr 2012 06:54 PM

A draft opinion by the Federal Election Commission suggests it probably won't go along with a request from Democratic Sen. Dianne Feinstein's re-election campaign that would allow her to replace millions of dollars in embezzled campaign contributions by going back to many of her original donors.

The FEC is likely to take a final vote on her request Thursday.

Feinstein's campaign treasurer, Kinde Durkee, pleaded guilty last week to defrauding numerous California politicians of at least $7 million. Feinstein was the hardest hit, losing an estimated $4.5 million.

The senator had hoped that her supporters could contribute again without the original donation being counted against federal caps.

But an advisory opinion Friday said any contributions deposited in a bank account or cashed must be counted against the cap.

© Copyright 2015 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

1Like our page
2Share
 

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.

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