REPORT: Romney’s Old Campaign Sitting on Illegal Campaign Dollars

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As the most reliable and balanced news aggregation service on the internet, DML News offers the following information published by BGOV.COM:

Mitt Romney’s presidential campaign and the Republican Party haven’t relinquished $141,300 in illegal contributions they found out about years after they thought they’d closed the books on the unsuccessful 2012 run.

The money came from a health care company that contributed through company managers — making what’s known as “straw donor” contributions.

Cancer Treatment Centers of America (CTCA), the true source of the funds, sent a letter last summer to a lawyer for the Romney presidential campaign saying the money was illegal and would have to be given up, according to Federal Election Commission documents.

The letter instructed the committee to shed the funds by sending them to the U.S. Treasury — a process known as disgorgement.

The presidential campaign had a cash balance of $222,755 as of its most recent FEC disclosure report, filed last month.

Romney’s Senate campaign aides declined to speak for the previous campaign organization.

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