Obama's campaign has received an unprecedented $100 Million in online credit card donations. The campaign is currently allowing payment of donations over the Internet from prepaid credit cards which increases the possibility of illegal donations or contributions from individuals above limits under campaign finance law.
Because the Obama campaign hasn't enforced basic security measures to prevent illegal or anonymous contributions, individuals can make multiple donations under the $2,000 threshold using fake names. This "small money" has led to tens of millions of dollars in contributions in recent weeks. These online contributions could be orchestrated from large unions, government contractors or foreign nationals interested in electing Obama as president.
Currently, the campaign is determining whether or not a contribution is improper only after the money has been deposited. Campaign finance experts claim that any potential retribution would come post-election in which a "for cause" audit is requested. Currently, there are no security checks in place to track the donations as they come in and the Obama campaign doesn't seem concerned whether the use of prepaid credit cards could be funneling millions in illegal donations.
Is this just another smear tactic, or is this a legitimate issue?