Updated
Updated · POLITICO · Oct 26
Blakeman Campaign Shows $1.7 Million Cash, 10 Times More Than $178,000 Disclosure
Updated
Updated · POLITICO · Oct 26

Blakeman Campaign Shows $1.7 Million Cash, 10 Times More Than $178,000 Disclosure

1 articles · Updated · POLITICO · Oct 26

Summary

  • $1.7 million sat in Bruce Blakeman’s campaign checking account on Sept. 28, bank records obtained by POLITICO show, while a state filing for the same date reported only $178,000.
  • The statements also show transactions missing from disclosure reports, including a $13,500 check and two $18,000 wires—one from actress Lois Robbins and one from campaign finance chair Howard Fensterman.
  • Blakeman’s filings have been repeatedly amended for months, with one July cash balance revised from $4.7 million to $6.1 million and later to $4.3 million, while the campaign has blamed technical problems tied to many donors.
  • The discrepancies matter because Blakeman is the first New York gubernatorial candidate in the state’s matching-funds program, which can provide up to $3.5 million in public money; the campaign will be automatically audited after the election.

Insights

Could technical glitches really hide massive financial discrepancies, or is there a deeper flaw in the reporting system?