>by Don White
Conservatives have wondered for a long time why the Federal Election Commission didn’t investigate Barak Obama’s fund raising for the 2008 presidential election. Since he didn’t take any federal money, his campaign funds weren’t, as a matter of course, investigated. But now FEC investigators are looking into possible fraud on the part of Obama and his campaign operatives.
By Obama’s own admission, more than half of his contributions of $750 million came from small donors giving $200 or less. But unlike John McCain’s campaign, Obama won’t release the names of these donors.
Newsmax did its own investigation. A canvass of disclosed Obama campaign donors shows what the online magazine calls “worrisome anomalies, including outright violations of federal election laws.”
For example, they say Obama has numerous donors who have contributed well over the $4,600 federal election limit Many of these donors have never been contacted by the Obama campaign to refund the excess amounts to them.
And more than 37,000 Obama donations appear to be conversions of foreign currency.
According to the Newsmax analysis of the Obama campaign data before the latest figures were released, “potential foreign currency donations could range anywhere from $12.8 million to a stunning $63 million in all. With the addition of $150 million raised in September, this amount could be much more.”
Read more on Newsmax.com: FEC Investigators Digging Into Obama’s 2008 Campaign
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