FEC asks Congress to take action on 'scam PACs' that raise millions for campaigns but only enrich their founders

Dec 16 2022 by Business Insider

 
A man holds fake currency bearing the image of Donald Trump as he participates in a "Freedom Rally" protest in support of opening Florida in South Beach in Miami, on May 10, 2020.

Chandan Khanna/AFP via Getty Images

The FEC is urging Congress to help it take on "scam PACs" that defraud donors. Such PACs raise money for political campaigns but end up enriching their founders instead. All six FEC commissioners urged lawmakers to grant them more power to protect donors.

In a rare case of...

Continue Reading FEC asks Congress to take action on 'scam PACs' that raise millions for campaigns but only enrich their founders