Phishing PAC

September 11th, 2012
in econ_news, syndication

Econintersect:  Your favorite candidate is smiling at you with an appeal for contributions and all you have to donate-buttonSMALLdo is push the donate money button and give your credit card info to help him win.  But some of these appeals are actually phishing scams not related to the candidate.  An article posted by National Journal says that nearly three dozen such sites using Republican candidates' images have been appealing for donations to support reelection bids.  The problem?  These sites are not connected to the candidates.  The perpetrator is the Coalition of Americans for Political Equality (CAPE) PAC, according to National Journal.    The phishing operator is an "obscure conservative group" run by "an Arizona activist."

Follow up:

National Journal says that the legitimate Republican campaigns are concerned that candidates may have their campaign funding significantly diminished because of siphoning away of donations they should have received.  Some candidates are filing complaints against CAPE PAC.

Another news story indicated that many of the CAPE ersatz websites had disappeared on Monday.   It may be no more than problems associated with the attack on by Anonymous, the internet hacker, which took down the domain registration and web hosting company's activities Monday.

Here is an excerpt from National Journal about what is going on:

A critical unanswered question is who, if anyone, is profiting from the enterprise. More than $250,000 of the group’s spending—nearly half—has gone to two companies with limited paper trails, neither of which has been hired by any other federal campaign in the last two years, federal records show.

CAPE PAC Chairman Jeff Loyd, a former county GOP chairman in Arizona, declined an interview about the group. He said in an e-mailed statement: “Our candidate websites, videos, and get-out-the-vote messages clearly state who we are and our mission.”

“If a donor inadvertently gives to CAPE PAC and requests a refund, we immediately comply,” Loyd said. “These instances have been few and far between ... [we] are unaware of any issue that remains unresolved.”

John Lounsbury


Make a Comment

Econintersect wants your comments, data and opinion on the articles posted.  As the internet is a "war zone" of trolls, hackers and spammers - Econintersect must balance its defences against ease of commenting.  We have joined with Livefyre to manage our comment streams.

To comment, just click the "Sign In" button at the top-left corner of the comment box below. You can create a commenting account using your favorite social network such as Twitter, Facebook, Google+, LinkedIn or Open ID - or open a Livefyre account using your email address.



Analysis Blog
News Blog
Investing Blog
Opinion Blog
Precious Metals Blog
Markets Blog
Video of the Day


Asia / Pacific
Middle East / Africa
USA Government

RSS Feeds / Social Media

Combined Econintersect Feed

Free Newsletter

Marketplace - Books & More

Economic Forecast

Content Contribution



  Top Economics Site Contributor TalkMarkets Contributor Finance Blogs Free PageRank Checker Active Search Results Google+

This Web Page by Steven Hansen ---- Copyright 2010 - 2016 Econintersect LLC - all rights reserved