• Federal Audit Shows Sharpton Owes $500K from 2004 presidential campaign.

    The Associated Press is reporting that federal auditors have concluded the Rev. Al Sharpton’s 2004 campaign owes the government nearly $500,000 for illegal donations and other financial improprieties.

    Sharpton has been feuding with the Federal Election Commission for years over his accounting in his failed run for president, for which he received $100,000 in so-called government matching funds that authorities later concluded he did not deserve because he hadn’t followed campaign laws.

    The auditors have now determined that Sharpton owes $486,803 to the U.S. Treasury because of his campaign’s taking improper donations, largely from the National Action Network, a not-for-profit corporation that Sharpton leads but is separate from his campaign committee.

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    This entry was posted on Monday, November 17th, 2008 at 12:36 am and is filed under Business, Politics. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.
  • 1 Comment

    Take a look at some of the responses we've had to this article.

    1. AR1
      Nov 18th

      If you owe the IRS you owe but it’s hard not to think this isn’t some form of political backlash from Obama’s win.

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