A corporation that contributed $1 million to a political action committee supporting the presidential bid of former Massachusetts Governor Mitt Romney has been dissolved just four months after being formed. The company's fold, and its relationship to the Romney campaign, provides a vivid example of how secret campaign cash is being funneled into the political system in the wake of the Supreme Court's Citizens United decision, and the general breakdown of campaign finance disclosure.
The company, W Spann LLC, was formed in March by a Boston lawyer who specializes in estate tax planning for “high net worth individuals,” according to corporate records and the lawyer’s bio on her firm’s website.
The corporate records provide no information about the owner of the firm, its address or its type of business.
Six weeks later, W Spann LLC made its million-dollar donation to Restore Our Future — a new so-called “super PAC” started by a group of former Romney political aides to boost the former Massachusetts governor’s presidential bid. It listed its address as being in a midtown Manhattan office building that has no record of such a tenant.