Political Groups Must Pay $1.7M Over Stanford Donations

Law360, New York (June 23, 2011, 1:55 PM ET) -- Three Republican and two Democratic political committees must pay more than $1.7 million to cover contributions they received from alleged $7 billion fraudster Robert Allen Stanford, a Texas federal judge ruled Wednesday.

U.S. District Judge David C. Godbey ordered the Democratic Senatorial Campaign Committee Inc. to pay roughly $1 million, the Democratic Congressional Campaign Committee Inc. to pay about $218,000, the National Republican Congressional Committee to pay about $260,000, the National Republican Senatorial Committee to pay roughly $91,000 and the Republican National Committee to pay about...
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