2012 Campaign Cash Scandal Ends With PAC’s Shutdown

In a quiet ending to one of the most high-profile campaign money controversies in California history, the political action committee reprimanded for accepting $11 million from mystery donors in 2012 has closed its doors. The political arm of the Small Business Action Committee (SBAC) filed official termination papers on Monday, six months after agreeing to hand over $300,000 in campaign cash to state officials for accepting what turned out to be the largest anonymous donation to a political effort in California history. The group’s backers agreed to the settlement, but disagree with the enforcement effort that led to it.

Source: 2012 Campaign Cash Scandal Ends With PAC’s Shutdown | KQED News Fix