Three weeks ago, I brought you a story about President Obama’s illegal foreign campaign money loophole. As a refresher, President Obama’s campaign donation website does not have basic, industry standard security measures to prevent fraud and foreign donations according to a report done by the Government Accountability Institute [GAI].

Now, GAI is out with a second report examining reported financial contribution data on the Federal Election Commission website and to “determine the effectiveness of campaign anti-fraud security tools in weeding out online donations made using incomplete or inaccurate zip code entries” for both the 2012 Romney and Obama campaign donation websites. The report also examined 2008 election cycle sites.

In order to prevent this type of fraud, campaigns install an AVS or address verification system on their donation sites to process credit card transactions. The latest GAI report shows “the presense of large sums of donations without such basic address information suggests that some campaigns are using looser security settings than others.”

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