NY Post - By ISABEL VINCENT - April 19, 2009
EXCLUSIVE!
The Rev. Al Sharpton and his National Action Network have been slapped with a record $285,000 fine for violating a slew of federal election rules during his 2004 bid for president, the Post has learned.
In a decision to be made public next month, the Federal Election Commission found that Sharpton's Democratic primary campaign accepted hundreds of thousands of dollars in contributions from private sources.
It also "kept poor records of its activities and expenditures" and commingled funds with Sharpton's civil-rights group. All are prohibited under the Federal Election Campaign Act.
Earlier this month, Sharpton and former campaign manager Andrew Rivera signed an agreement with the FEC to pay the fine -- among the highest in the regulatory body's 34-year history.
"Sharpton 2004 materially misstated its receipts and disbursements, as well as cash on hand in 2004," says the April 8 FEC report, which followed an investigation of the Sharpton campaign's expenses.
The review followed a 2004 complaint to the FEC from the National Legal and Policy Center, a Virginia-based watchdog group. (continues...)
In a decision to be made public next month, the Federal Election Commission found that Sharpton's Democratic primary campaign accepted hundreds of thousands of dollars in contributions from private sources.
It also "kept poor records of its activities and expenditures" and commingled funds with Sharpton's civil-rights group. All are prohibited under the Federal Election Campaign Act.
Earlier this month, Sharpton and former campaign manager Andrew Rivera signed an agreement with the FEC to pay the fine -- among the highest in the regulatory body's 34-year history.
"Sharpton 2004 materially misstated its receipts and disbursements, as well as cash on hand in 2004," says the April 8 FEC report, which followed an investigation of the Sharpton campaign's expenses.
The review followed a 2004 complaint to the FEC from the National Legal and Policy Center, a Virginia-based watchdog group. (continues...)
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