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#1 User is offline   Junto 

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Posted 12 March 2019 - 08:08 AM

JUST IN: Jeb Bush Super PAC Hit with Massive FEC Fine For Accepting $1.3 Million in Illegal Donations From Chinese Corporation

by Cristina Laila March 11, 2019

(excerpt)



The FEC [Federal Election Commission] hit Jeb Bush’s super PAC with a $390,000 fine for illegally accepting $1.3 million in donations from Chinese-owned corporation American Pacific International Capital (APIC) during the 2016 presidential primary.

Jeb Bush’s brother, Neil Bush sat on the board for APIC.

Jeb Bush founded the PAC in January of 2015, but handed over control of the PAC to Republican consultant Mike Murphy in Spring of 2016.

Campaign Legal Center (CLC), a watchdog group, filed a formal complaint with the FEC in August of 2016 citing a report from The Intercept detailing how Chinese businessmen were illegally funneling money to Jeb Bush’s PAC, Right to Rise USA.

Via The Intercept from August 2016:

The Intercept has determined that a corporation owned by a Chinese couple made a major donation to Jeb Bush’s Super PAC Right to Rise USA — and it did so after receiving detailed advice from Charlie Spies, arguably the most important Republican campaign finance lawyer in American politics.

The Spies memo was dated February 19, 2015. One month later, American Pacific International Capital Inc., a California corporation owned by Gordon Tang and Huaidan Chen, a married couple who are citizens of China and permanent residents of Singapore, made a $1 million donation to Right to Rise USA. APIC subsequently gave the group an additional $300,000, its total donation of $1.3 million making APIC one of the Bush Super PAC’s largest contributors.

The FEC responded to the CLC’s complaint on Friday and hit Jeb Bush’s PAC with a massive $390,000 fine in addition to $550,000 in penalties levied against APIC.

This is one of the largest fines ever handed down by the FEC.


(ETA - Fixed link in title.)
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#2 User is offline   Wag-a-Muffin (D) 

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Posted 12 March 2019 - 08:30 AM

If you break a law, you should be held accountable. (I wish I trusted that there would be equal effort to find all who broke campaign finance laws.)
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#3 User is offline   NH Populist 

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Posted 12 March 2019 - 08:45 AM

Well, Jeb WAS supposed to be the Republican nominee, continuing the Bush Dynasty's tradition of selling out Americans...
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#4 User is offline   RedSoloCup 

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Posted 12 March 2019 - 09:04 AM

:biglaugh:
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#5 User is offline   LongKnife 

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Posted 12 March 2019 - 11:35 AM

$1.3 million in donations, $390,000 in fines. Sounds like a $910,000 profit.
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#6 User is offline   erp 

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Posted 12 March 2019 - 06:54 PM

Right to Rice? Well, that’s just wrong. ;)
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#7 User is offline   Taggart Transcontinental 

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Posted 12 March 2019 - 07:02 PM

View PostLongKnife, on 12 March 2019 - 11:35 AM, said:

$1.3 million in donations, $390,000 in fines. Sounds like a $910,000 profit.


sounds like the fine should DOUBLE the total amount of the donations.
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#8 User is online   Hieronymous 

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Posted 13 March 2019 - 06:32 PM

View PostTaggart Transcontinental, on 12 March 2019 - 07:02 PM, said:

sounds like the fine should DOUBLE the total amount of the donations.

I think when the fine is paid, the proceeds should be used to get some idiot rich kid into a prestigious university so that his parents friends will be impressed.

(Easiest crossthread points ever)
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#9 User is online   Rock N' Roll Right Winger 

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Posted 13 March 2019 - 08:56 PM

View PostLongKnife, on 12 March 2019 - 11:35 AM, said:

$1.3 million in donations, $390,000 in fines. Sounds like a $910,000 profit.

:exactly:

They always get to keep that money and nobody ever goes to jail. <_<

View PostTaggart Transcontinental, on 12 March 2019 - 07:02 PM, said:

sounds like the fine should DOUBLE the total amount of the donations.

One would think? :no:
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#10 User is online   tailgunner 

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Posted 14 March 2019 - 06:19 PM

View PostRock N, on 13 March 2019 - 08:56 PM, said:

:exactly:

They always get to keep that money and nobody ever goes to jail. <_<


One would think? :no:


Now we know why he ran for pres.

This post has been edited by tailgunner: 14 March 2019 - 06:19 PM

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