Bundler in Shanghai with Business Ties to Chinese Government
In an explosive report set to send shockwaves through official Washington, the Government Accountability Institute (GAI) released a 108-page GAI investigation into the threat of foreign and fraudulent Internet campaign donations in U.S. federal elections (visit campaignfundingrisks.com to download the full report).
Breitbart News obtained an advance copy of the bombshell report which reveals that the Obama.com website is not owned by the president’s campaign but rather by Obama bundler Robert Roche, a U.S. citizen living in Shanghai, China. Roche is the chairman of a Chinese infomercial company, Acorn International, with ties to state-controlled banks that allow it to “gain revenue through credit card transactions with Chinese banks.”
The unusual Obama.com website redirects traffic directly to a donation page on the Obama campaign’s official website, my.barackobama.com, which does not require donors to enter their credit card security code (known as the CVV code), thereby increasing the likelihood of foreign or fraudulent donations. The website is managed by a small web development firm, Wicked Global, in Maine. One of Wicked Global’s employees, Greg Dorr, lists on his LinkedIn page his additional employment with Peace Action Maine and Maine Voices for Palestinian Rights. According to the GAI report, 68 percent of all Internet traffic to Obama.com comes from foreign visitors.
And still more.
In 2011, Mr. Roche obtained one of the most sought-after pieces of real estate in Washington, DC: a seat at the head table for President Obama’s State Dinner for Chinese President Hu Jintao. How Roche—a man whose infomercial company hawks fitness equipment, cell phones, and breast enhancement products—landed a seat alongside Secretary of State Hillary Clinton, former President Bill Clinton, Sen. John Kerry, former President Jimmy Carter, and Chinese President Hu Jintao remains unclear.
Since 2009, White House Visitor Logs list the name Robert Roche at least 19 times, despite the fact Mr. Roche’s primary residence is in China.
Mr. Roche, who is originally from Chicago, is a co-chair of the Technology Initiative for the Obama campaign.
According to Acorn International’s prospectus, the success of Mr. Roche’s company hinges on maintaining access to state-run media and “preferential tax treatments and subsidies” doled out by the People’s Republic of China (PRC):
Our business depends on our access to TV media time to market our products and services in China….PRC law is vague and is subject to discretionary interpretation and enforcement by PRC authorities…Loss of these preferential tax treatments and subsidies could have material and adverse effects on our results of operations and financial conditions.
In addition to the Obama.com redirect revelation, the Government Accountability Institute report—America the Vulnerable: Are Foreign And Fraudulent Online Contributions Influencing U.S. Elections?—exposes myriad gaping online security holes that stand to threaten the integrity of House, Senate, and presidential elections.
Stay tuned to Breitbart News for continuing coverage…
Headline image: Obama 2012-themed credit card cover product image.
October 8, 2012 at 9:41 PM
October 8, 2012 at 9:42 PM
October 8, 2012 at 9:43 PM
Canadian-owned firm's mega-donation to super PAC raises ‘legal red flags’
Pro-Romney group received $1 million from foreign-owned company
By Michael Beckel, Center for Public Integrity, October 5th, 2012
A million-dollar donation by a foreign-owned corporation to a Republican super PAC has raised legal concerns and opened up the controversial Citizens United Supreme Court decision to new criticism.
Restore Our Future, the super PAC supporting Republican Mitt Romney’s run for president, received a $1 million donation in mid-August from reinsurance company OdysseyRe of Connecticut, a “wholly-owned subsidiary” of Canadian insurance and investment management giant Fairfax Financial Holdings Limited.
The law says that any foreign national is prohibited from “directly or indirectly” contributing money to influence U.S. elections. That means no campaign donations, no donations to super PACs and no funding of political advertisements.
But campaign finance law is not as clear for U.S. subsidiaries of foreign companies as it is for individuals.
Sen. Sheldon Whitehouse, D-R.I., is among those concerned about foreign-controlled corporations "exploiting loopholes in existing law" to influence U.S. elections. He calls the practice a “direct threat to our democracy.”
“You can bet that wholly owned subsidiaries of foreign commercial entities have an agenda when they spend millions to sway the outcome of an election,” Whitehouse told the Center for Public Integrity in a statement. “And you can bet that agenda is not promoting the interests of middle-class American voters.”
OdysseyRe’s donation “raises some legal red flags,” says Paul S. Ryan, an attorney at the Campaign Legal Center.
by shimamabOctober 8, 2012 at 9:46 PMStatement at the bottom of donation page:
"By submitting the form above you confirm that the following statements are true and accurate:
I am a United States citizen or a lawfully admitted permanent resident of the United States.
This contribution is not made from the general treasury funds of a corporation, labor organization or national bank.
This contribution is not made from the treasury of an entity or person who is a federal contractor.
This contribution is not made from the funds of a political action committee.
This contribution is not made from the funds of an individual registered as a federal lobbyist or a foreign agent, or an entity that is a federally registered lobbying firm or foreign agent.
I am not a minor under the age of 16.
The funds I am donating are not being provided to me by another person or entity for the purpose of making this contribution."
by shimamabOctober 8, 2012 at 9:49 PMAlso, from the Human Events website:
"The GAI discovered that 47.3 percent of congressional donation sites do not use the CVV code, or the other widespread security practice of checking the address provided by donors with the address on their credit card billing account. It’s a problem with bipartisan dimensions, with one high-profile GOP example of unverified donations being the 2010 campaign website of Florida senator Marco Rubio. (Rubio’s website has since implemented CVV verification for campaign donations.)"
Did you read your link very well? Or just take it and run?
All of the donors are U.S. citizens, and many of them flew here from the United States to be with Romney during his 36-hour visit to Jerusalem.
And then you follow it up with daily kos. It scares me that you are a teacher.
by Ednarooni160October 8, 2012 at 10:01 PM
In 2008, Obama's people got spanked on the hand for their "lack of control" on their donation website. Now it appears that they just stepped up their game...........
You must have hit a nerve..lol..the replies are flying faster than a cat on a hot tin roof..LOL