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Eric Adams indictment: How campaign finance violations often grow into dramatic scandals

2 0
26.09.2024

New York City Mayor Eric Adams has been charged with bribery and fraud following a spiraling federal investigation into his administration.

Among other accusations, federal prosecutors alleged in their September 2024 indictment that Adams received campaign donations from the Turkish government for his 2021 mayoral race and sought to conceal these illegal foreign contributions.

Adams is New York’s first mayor to be charged with a crime, but he is hardly the only politician to run afoul of rules that govern how political campaigns can raise and spend funds in U.S. elections.

And as we document in our new podcast, “Scandalized,” discovering campaign finance violations is often just the first chapter in a much wilder story.

The U.S. has federal rules that govern how political campaigns can raise and spend money in U.S. elections. For example, they limit how much money individuals and groups can contribute to candidates’ campaigns. Federal rules also restrict how campaign funds may be used and require the disclosure of all campaign expenditures, ensuring candidates can’t spend campaign money on whatever they want.

Legally, candidates may use campaign donations on expenses directly related to their race for office. Allowable expenditures include advertising, travel and costs related to fundraising, such as renting an event space or buying food for guests. Candidates may use excess campaign funds after the election is over to pay down outstanding loans, or they can transfer it to other campaigns or party organizations.

Campaign funds may not, however, be spent at any time on........

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