Monday, November 26, 2007

More on International Profit Associates

My good friend Dan Curry at Reverse Spin has been keeping an eye on the International Profit Associates scandal for months. The Miami Herald has a story on the controversial Illinois firm, one that has been very generous to the campaign funds of many Democratic candidates--including Illinois' attorney general, Lisa Madigan, as well as Hillary Rodham Clinton.

From the Herald:

Florida's attorney general has registered 28 complaints against IPA and passed those concerns along to its Illinois counterpart, which is investigating the company. While IPA has been sued by individual clients in the past, this is the first time that former customers have banded together in court.

From Reverse Spin:

That was Republican Attorney General Bill McCollum's first mistake—if he wants anything done about IPA. Madigan, a Democrat, has been investigating IPA, a political donor, for more than four years without producing any results. And the Democratic Attorneys General Association, the political action committee of Democratic AGs, took one of its largest campaign donations, $50,000, from IPA last year in the midst of Madigan’s "probe."

Getting anyone in Illinois interested in IPA fraud complaints will be difficult. The New York Times and now the Miami Herald have delved deeply into the IPA matter but not the Chicago media. That is puzzling to say the least considering that IPA is headquartered in suburban Buffalo Grove and it has showered Illinois politicians with hundreds of thousands in campaign donations. IPA also has given Hillary Clinton more than $150,000. For all (of Curry's) posts on IPA, go here.

There are active communities of victims who vent their frustrations with IPA here, here and now at the bottom of the Miami Herald story.

A friend recently (not me, by the way) asked me if the Illinois media freeze on IPA was related to the IPA radio and TV ads that seem to air constantly on Chicago stations. Seems like a fair question.

Seems like a fair question to bring up in the next Democratic debate.

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