Sunday, May 20, 2012

McCain Returns The Wyly Money

May 24, 2006 | 3:55 PM

Sen. John McCain's Straight Talk America PAC returned $20K in contributions from Sam and Charles Wyly after the STA finance team learned that the Wylys were under federal investigation for alleged tax evasion.

McCain attended a May 15 fundraiser in Austin, TX co-hosted by the Wyly brothers.

"After the checks were received from Sam and Charles Wyly, it was discovered through the normal vetting process here at Straight Talk America that a federal inquiry is ongoing into the two gentlemen," said STA exec. dir. Craig Goldman in a statement. "Once that was discovered, we have a policy internally not to accept contributions from people in that situation, so the checks were returned."

"And at our request they did not attend the fundraiser in Dallas."

You'll recall that in 2000, the duo spent millions to air ads designed to hurt McCain in early primary states.

Lots of news organizations are pursuing this story, so expect to read the blow-by-blow tomorrow. [MARC AMBINDER]

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