WASHINGTON (AP) -- A political action committee supporting Republican presidential candidate Rick Santorum says it has refunded a $50,000 donation from a London-based securities firm because the money came from a foreign source. Such contributions are illegal under U.S. law.
It was the first acknowledged evidence of foreign money in the 2012 presidential race.
A spokesman for the Red, White and Blue super PAC said the $50,000 donation from Liquid Capital Markets Ltd. came from an American executive at the firm but was returned because it was mistakenly drawn from the foreign firm's accounts.
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