$16M of Warren Donations from Sites Lacking Foreign Donor Protections

$16M of Warren Donations from Sites Lacking Foreign Donor Protections

The Boston Globe reported Monday that Democratic Senate candidate Elizabeth Warren raised $12.1 million for her campaign in the 3rd quarter ending September 30, 2012. That brings the total raised to $36 million. Yet more than 40% of these funds–an estimated $16 million–have come online via two websites that do not have industry-standard protections and are vulnerable to fraud and illegal foreign national donations. Today’s report, which will be available for full public scrutiny by Tuesday morning, includes $8.4 million raised between August 18 and September 30 after her most recent Federal Election Commission filing–an August 17, 2012 pre-primary report that showed she had raised $3.7 million between July 1 and August 17, and $28 million from the start of her campaign. Warren made her reputation as an anti-fraud advocate for consumers.

Of the $28 million Democrat Elizabeth Warren raised for her Massachusetts Senate campaign at the time she had filed the August 17 pre-primary report (covering contributions to August 17, 2012), 42% (approximately $13 million) came from “unitemized” individual contributions donated on two online websites that lack industry standard security protections to prevent illegal donations from foreign nationals. When the Warren campaign’s third quarter reports are finally available, we’ll see if that percentage remains.

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