March 5, 1995 in Nation/World

Perot Pays Fine For Unreported Contribution

Compiled From Wire Services
 

Ross Perot has paid a $65,000 fine for failing to report $10 million he contributed to his presidential campaign just weeks before the 1992 vote, the Federal Election Commission says.

“If a candidate receives a contribution of $1,000 or more between two and 20 days before the election, no matter who it’s from, they need to disclose it within 48 hours,” FEC spokeswoman Kelly Huff said Friday.

Perot signed an agreement in which he acknowledged the failure but called it an “honest mistake.”

According to FEC records, Perot contributed $60,867,350 and loaned an additional $4.5 million to his independent presidential campaign. He received 19 percent of the vote.


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