National Enquirer parent company and American Media CEO David Pecker were reportedly fined for breaking election law in 2016.
Speak the Wall Street newspaper, A360 Media LLC agreed earlier this month to pay $ 187,500 as part of a settlement with the Federal Election Commission.
Settlement concerns publisher’s catch and kill ploy to buy out the story of ex-Playboy model Karen McDougal’s alleged affair with former President Donald Trump, crushing him .
The negotiations between A360 Media LLC, Pecker and the FEC follow an admission three years ago by A360’s predecessor, American Media. At the time, the company admitted to federal prosecutors that it paid McDougal $ 150,000 in secret money “in cooperation, consultation and concert with” at least one member of Trump’s 2016 presidential campaign. The payment was ultimately characterized as an illegal contribution to a corporate campaign. Pecker resigned his job at American Media last year, when the company merged with Accelerate 360 LLC, a logistics and distribution company.
The FEC’s investigation into the US media arose out of a 2018 complaint filed by Washington, DC watchdog group Common Cause, which also alleged violations of Trump and his campaign. So far, the FEC has taken no action against the former president, who continues to deny any involvement in any business or earnings.