2/24/12

Questions About A G.O.P. Fund-Raiser

G.O.P. Fund-Raiser Faces Inquiries Into His Races - NYTimes.com:

"Federal inquiries surrounding Mr. Buchanan appear to be widening, as investigators examine allegations that his companies improperly reimbursed contributors to his campaigns and claimed improper tax deductions and that he failed to include all his varied financial interests in his Congressional disclosure reports.

The Federal Election Commission has already completed one investigation that produced a settlement this week with a former partner of Mr. Buchanan’s who used their car dealership to reimburse employees for contributing to the congressman’s campaigns, in violation of federal law.

The commission dropped its case against Mr. Buchanan himself over the reimbursements, despite testimony that he took part in the scheme. But agents for the F.B.I. and the Internal Revenue Service recently contacted former employees alleging financial improprieties by Mr. Buchanan, who owns a number of auto dealerships thoughout Florida and elsewhere and is one of the richest members of Congress."

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