Federal Politics

Published — July 1, 2011 Updated — May 19, 2014 at 12:19 pm ET

Koch fined for making 12 illegal campaign contributions that it self-reported

Introduction

A foreign subsidiary of Koch Industries has been fined $4,700 by the Federal Election Commission for making 12 illegal donations totaling $26,800 to seven non-federal committees over a four-year period.

Invista S.a.r.l., a Koch subsidiary which is registered in Luxembourg but headquartered in Wichita, Kan., came to the FEC voluntarily with information that it made the illegal donations during the years 2005 through 2009.

Under federal election law, foreign companies are barred from making donations to candidates or committees in federal, state or local elections.

According to an FEC settlement with Invista that was posted Friday, the contributions included six that were made in 2007 to state candidates, a state PAC and a party committee totaling $22,100. The others six were made in 2005, 2006 and 2009.

All the donations were made from Invista’s corporate funds, which were in U.S. banks but originated abroad, according to the FEC.

Invista was acquired by Koch, one of the country’s largest private companies, in 2004 from DuPont. Invista makes and distributes a wide range of fibers and fabrics. All of Invista’s senior employees are U.S. citizens.

Campaign finance attorneys note that smaller civil penalties are often levied when the FEC is contacted with disclosures, which Koch did in August 2010. A counsel that provides Koch with political law compliance services alerted the company to the contributions several months earlier and an internal probe was initiated.

All of the donations have been returned except for one which the company must retrieve as part of its FEC agreement.

Koch is a major player in conservative political circles, through the contributions of its corporate PAC as well as multimillion-dollar donations from the billionaire brothers David and Charles Koch.

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SOUTH JERSEYTed SiroisMark SullivanTom LarkinAnonymous Recent comment authors
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Mark Sullivan
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Mark Sullivan

Trump needs to conduct these activities because the entire MSM media, excluding Fox, is campaigning against him 24/7/365.

Didn’t Monica’s boyfriend’s wife and various criminal enterprises outspend Trump by almost 2-1?

CapitalistRoader
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CapitalistRoader

Why wouldn’t he get an early start on fund raising? Hillary outspent him two-to-one in 2016. The Dem’s are the party of big money. The President knows this and is attempting to get a jump on it. Of course the Dem candidate will outspend him in 2020 so it’s only rational that he starts fund raising now.

George Young
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George Young

Oh brother. We just 8 years of the Campaigner – in – Chief. Where was this journalistic rectal thermometer then. Just another article about 2000 words too long that merely takes another slap at Trump for something he far from initiated.

j stevenson
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j stevenson

The big difference between Trump and all the rest is his refusing to accept funds from lobbyists, so they don’t have the White House access they are used to. These are the donors who buy the presidency and are as pixxed off that he won the election as are the media and the Dems. Lobbyists have never been shut out of the WH and Trump has told them he is not for sale.

Anonymous
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Anonymous

Trump needs to be impeached and tossed in prison. Then have the key thrown away so he will never be free. Then he can see how it feels not to have freedom.

Mark Sullivan
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Mark Sullivan

Thank you for the usual insightful leftist low IQ Snowflake response.

barney
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hes not imprisoning them hes sending them back to their country chill tf out

SOUTH JERSEY
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SOUTH JERSEY

WHY DONT YOU HAVE FREEDOM?

Tom Larkin
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Tom Larkin

First, something positive. I was happy to learn of empirical information in article. BUT, the article was so slanted against President Trump as to be deemed fake news (“Perhaps Trump just lied.” (Two different issues)). The article mentions that President Trump raised over $67 million, but ended 2018 with $19 million. President Trump spent over $40 million 2016 and 2017. President Trump conducted 57 political rallies. The article notes the hats and T-shirts sold, but NEVER MENTIONS THE INCREASE IN THE NUMBER OF REPUBLICAN SENATORS during a mid-term election that lost the House and the number of political rallies in… Read more »

Ted Sirois
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Ted Sirois

At least Trump is getting donations from willing donors. Fresh from his first election, Obama used billions of our children’s tax dollars to save thousands of union jobs in the car industry and bailed out the banks and many Wall Street businesses. This secured his source of reelection funds for his reelection four years later.

South Jersey
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South Jersey

TRUMP 2020; IS AN AMAZINGLY SMART MAN! VERY ORIGINAL & CREATIVE. I AM HAPPY TO HAVE HIS AS POTUS.

SOUTH JERSEY
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SOUTH JERSEY

THIS ARTICLE WAS OBVIOUSLY WRITTEN BY, A TRUMP-HATE-GROUP. THAT FEELS; IT IS NOT NORMAL TO BE SUCCESSFUL WITH YOUR OWN BRAND NAME. WHEN, IF FACT, IT IS NORMAL! >>>>> THIS IS >>> FAKE NEWS!!! <<<< ie: A PACK-OF-LIES; SPUN INTO; DEFAMATION OF CHARACTER. FOR A SINISTER-AGENDA OF; FASCIST DEMOCRATIC SOCIALIST, COUP D'ETAT

David
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David

Are you on some kind of drugs? Writing in caps makes me think that you are grumpy old fart or a uneducated hillbilly.