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Improper political contributions lead to securities license suspension | Ohio politics
 

Home > Blogs > Ohio politics > Archives > 2009 > July > 17 > Entry

Improper political contributions lead to securities license suspension

State officials suspended the securities and investment adviser license of Montford S. Will, who admitted to the Ohio Elections Commission in May that he improperly routed $121,000 in campaign contributions through relatives over three years.

Will has requested an administrative hearing with the state Department of Commerce division of securities. It is scheduled for Aug. 19.

State laws and regulations require securities dealers to be “of good business repute.” The division of securities cited the Elections Commission case against Will as evidence that he is “not of good business repute.”

The commission gave will a record fine — $95,000 — for using his relatives as conduits to make 19 different contributions to political parties and candidates. The case was not referred for criminal charges.

Permalink | Comments (3) | Post your comment |

Comments

By Philman

July 20, 2009 11:51 AM | Link to this

Thanks for the advice factcheck, on glass city jungle they reported of $364,500.00 he contibuted, all but $500.00 went to Democrats,on the latest charge , all went to Democrats.I stand by my earlier statments.

By Flora Factcheck

July 19, 2009 11:17 AM | Link to this

Republican. Why can’t republicans check their facts before they speak? Because they are incapable of using the search function? Because they are too intellectually lazy to think for themselves? Because it isn’t about the truth—rather it is about bashing the other side?

By Philman

July 17, 2009 3:27 PM | Link to this

Any question what party he was involved with, if it were the Republican party you could bet Liberal Laura would have mentioned it about a Dozen times.
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