By now most people are aware of the controversy surrounding Candidate Ted Cruz and his failure to reveal $1.3 million in campaign “loans” from Goldman Sachs and Citibank during his 2012 campaign for the senate.
At the heart of the issue is a failure of Ted and Heidi Cruz to list Wall Street “loans” on the required Federal Election Commission financial reports.
Together with the campaign officials the Cruz’s say the non-reporting was an accidental oversight. However, a watch dog group has now filed a complaint with the FEC which is step one to beginning an FEC investigation.

The full complaint (pdf) is outlined below. However, the larger question behind the complaint would be the motive for Ted and Heidi Cruz to hide the source of their campaign funds. The activity the complainant is presenting to have the FEC investigate, if proven accurate, is factually illegal. (more…)




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