Cancer Treatment Centers, Founder Admit Illegal Campaign Contributions

Hospital company Cancer Treatment Centers of America, its founder and chairman Richard Stephenson, and two other company executives agreed to pay a fine of $288,000 to the Federal Election Commission for making illegal campaign contributions to dozens of federal candidates, according to newly released FEC documents.

The documents outlined a decade-long scheme in which the company reimbursed lower-level managers for campaign contributions through bonuses, which the employees said they believed were intended to reimburse their contributions. The documents included a conciliation agreement between the FEC and the company, as well as separate settlements with Stephenson and two other company executives, ...