Did You Know...


Repeat campaign finance scofflaw Soros gets away with it again

By Michelle Malkin  •  May 13, 2009 11:43 AM

In my column on the SEIU today, I mentioned how the George Soros-funded group, Americans Coming Together, was hit with a $775,000 fine by the Federal Election Commission – the third largest civil penalty levied in the panel’s history — for gross campaign finance violations.

Yesterday, in little-noticed news, California’s campaign finance panel fined Soros directly for failing to disclose a $350,000 contribution that was funneled through the Drug Policy Action Network to help fund a ballot measure undermining the state’s Three Strikes law for criminals.

The California regulators noted that Soros had been a repeat offender, yet fined him a paltry $8,000!

Here’s an excerpt from the panel’s summary report:

Respondent George Soros, a resident of New York, is the Chairman of Soros Fund Management LLC, an author, and an active philanthropist. During the second semi-annual reporting period of 2004 and before, Respondent was and had been a substantial donor to the Drug Policy Action Network (“DPAN”), a national non-profit organization, which, according to its website, promotes policy alternatives to the drug war that are grounded in science, compassion, health and human rights. Among the numerous donations Respondent made to DPAN over time were two contributions totaling $500,000 solicited by DPAN to support “Fix Three Strikes- Yes on 66, a Coalition of Justice Advocates, Labor Organizations and Church Leaders (“Fix Three Strikes Committee”), a committee that was primarily formed to support a state measure appearing on the ballot in the November 2, 2004 general election.

DPAN utilized the funds collected from Respondent and two other significant contributors, along with funds from DPAN’s existing accounts, to make contributions to the Fix Three Strikes Committee. Respondent was aware that DPAN intended to contribute these funds to the Fix Three Strikes Committee. The Fix Three Strikes Committee reported the contributions as being made by Respondent Soros and disclosed DPAN as the intermediary for each contribution.

In this matter, the payments made to DPAN were understood to be contributions to be made to the Fix Three Strikes Committee. As such, Respondent’s initial payment of $150,000 was a “contribution” under the Political Reform Act (the “Act”), and qualified Respondent as a major donor committee. Additionally, the amount of the contribution triggered the Act’s electronic filing obligations. Respondent made the second contribution of $350,000 to DPAN during the late contribution reporting period, and therefore, was required to file a late contribution report in paper and electronic format. Respondent was also required to file a semi-annual campaign statement, commonly known as a “major donor campaign statement.”

For the purposes of this stipulation, Respondent’s violations are stated as follows:

COUNT 1: Respondent George Soros failed to timely disclose a $350,000 late contribution to the Fix Three Strikes Committee in a properly filed late contribution report, by the October 27, 2004 due date, in violation of Sections 84203, subdivision (a) and 84605, subdivision (b) of the Government Code.

COUNT 2: Respondent George Soros failed to timely file a semi-annual campaign statement by the January 31, 2005 due date, for the reporting period January 1, 2004 through December 31, 2004, in violation of Section 84200, subdivision (b) and 84605, subdivision (b) of the Government Code.

…Respondent has in the past been an active contributor in California politics, qualifying as a major donor committee and filing major donor campaign statements in 1996, 1999, and 2000. In 2002, respondent failed to timely file a late contribution report, and received a warning letter from the Enforcement Division in January 2003.

An $8,000 fine for a billionaire with a shady campaign finance history.

Yeah, that’ll teach him not to mess with California again!

blog comments powered by Disqus

Clinton Foundation refiles years worth of taxes ‘in the interest of transparency’ (but only after they got busted)

November 17, 2015 11:57 AM by Doug Powers


Millions and millions in foreign donations previously undisclosed

How Dems fight terrorism: Hillary by raking in Wall Street donations, Bernie by battling climate change (a Sunday open thread)

November 15, 2015 10:13 AM by Doug Powers


Is it hot in here or are they crazy?

Go figure II: Exxon stopped fueling the Clinton Foundation around the time Hillary called for its investigation

November 3, 2015 01:49 PM by Doug Powers


Quintessentially Clinton

Hillary’s campaign focused on bringing down Wall Street by accepting as much of their money as possible

July 22, 2015 08:59 AM by Doug Powers


Positive cash flow

Guess how much Hillary-the-Populist and Dollar Bill made off speeches in the last 15 months

May 15, 2015 06:13 PM by Doug Powers


Just like us!

Categories: 2016 Campaign, Bill Clinton, Campaign finance, Hillary Clinton

Follow me on Twitter Follow me on Facebook