California issues largest campaign-reporting fine

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Posted: Thursday, October 24, 2013 12:00 am

SACRAMENTO, Calif. (AP) - In a case seeking to unmask the murky multimillion-dollar trail of money pouring into state and national political campaigns, California's political watchdog agency on Thursday announced the largest fine in its history for campaign reporting violations and ordered two political action committees to pay the state $15 million for failing to properly report the source of funds spent in the 2012 election.

Teams of attorneys and researchers from two state agencies spent a year tracing the money used to oppose one California ballot initiative and support another, illustrating how difficult it has become to track the flow of political money. The groups that helped funnel the money were in numerous states, including Arizona, Iowa and Virginia.

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