EMAIL SIGN UP!
The press releases posted here have been submitted by
For further information or to comment on this press release, please contact the organization directly.
Most Popular This Week
Today's Top News
FOR IMMEDIATE RELEASE
CONTACT: Center for Responsive Politics
Dave Levinthal, 202-354-0111
Billionaire Wyly Brothers, Accused by Federal Government of Massive Fraud
Bankrolled More than 200 Republican Candidates, Committees
WASHINGTON - July 30 - Charles Wyly Jr. and Samuel Wyly, Texas businessmen and brothers who are among the nation's most generous donors to Republican political candidates and causes, were today hit with a Securities and Exchange Commission lawsuit accusing them of fraud worth hundreds of millions of dollars.
Beneficiaries of Wyly brothers cash together compose a who's who of the decade's most notable Republicans, with dozens of top GOP partisans' campaign coffers touched by Wyly money.
Together with their wives, the Wyly brothers have donated nearly $2.5 million to more than 200 federal-level Republican candidates and committees during the past 20 years, a Center for Responsive Politics analysis reveals.
To read the Center's full report, click here.