Team Obama Fined $375,000 By Federal Election Commission: Allows Ineligible Candidates

Obama '08 campaign fined $375,000 by FEC

Excerpts via AP's Ken Thomas @ Houston Chronicle

WASHINGTON (AP) — President Barack Obama's 2008 campaign has been fined $375,000 by the Federal Election Commission for reporting violations related to a set of donations received during the final days of the campaign.

The fines are among the largest ever levied on a presidential campaign by the FEC and stem from a series of missing notices for nearly 1,200 contributions totaling nearly $1.9 million. [...]

The fines, first reported by Politico, are among the largest assessed on a presidential campaign, according to the FEC. Al Sharpton's 2004 campaign was fined more than $200,000, and Kansas Sen. Bob Dole's 1988 presidential campaign paid a $100,000 fine.

Among other large fines involving political organizations, liberal group America Coming Together was fined $775,000 in 2007. [...]

CONTINUED HERE: http://www.chron.com/news/politics/article/Obama-08-campaign-fined-375-000-by-FEC-4168336.php

FLASHBACK: FEC Ruled Unanimously Foreign-Born Person Can File and Raise Funds To Be President - VIDEO HERE.