There is an investigative report released today at both Breitbart.com an Townhall and Breitbart.com detailing how weak or non-existent security controls allow foreigners to funnel money to the Obama campaign:
OFA seems to be taking advantage of a “foreign donor loophole” by not using CVV on their campaign donation page. When you donate online to the Obama campaign using a credit card, the contribution webpage does not require donors to enter a secure CVV number (also known as CSC, CVV2 or CVN), the three-digit securing code on the back of credit cards. This code, although not 100 percent effective, is used to ensure a person making a purchase physically possesses the card. According to the report, 90 percent of e-commerce and 19 of the 20 largest charities in the United States use a CVV code, making its use standard industry practice in order to prevent fraud. Another anti-fraud security measure includes software, better known as an Address Verification System, to verify a donor’s address matches the address on file with the credit card company. The investigation could not determine whether OFA is using this type of software to prevent fraudulent or illegal donations.
Because of the lack of a CVV code requirement, the door is opened for OFA to accept robo-donations, or in other words, large numbers of small and automatic donations made online to evade FEC reporting requirements. Although it isn’t illegal to decline the use of a secure CVV credit card code for campaign donations, it is illegal to accept campaign donations from foreign sources. Campaigns are required under criminal code not to solicit, accept or receive foreign donations in any amount. The Federal Elections Commission doesn’t require campaigns to disclose the names of donors making contributions of less than $200 unless audited. In addition, FEC rules don’t require campaigns to keep records of those giving less than $50. These rules combined with the lack of a CVV numbers make it easy for campaigns to get away with taking foreign donations.
It’s similar to the 2008 accusations.
It certainly is worth shining a light on this, and pushing it as hard as possible.
But keep in mind, Obama doesn’t care. Not one bit. Neither does his campaign.
Obama will gladly take foreign money while looking the other way, then worry about it after the election. He’ll return any documented foreign contributions, proclaim it all a mistake, and move on. That’s what he did after the 2008 election.
Of course, it’s the undocumented foreign contributions which are the issue, so Obama’s response will be a non-sequitur.
He doesn’t care about anything but reelection.
The Money Badger don’t care about your rules.