Legal Expense Fund
As part of the Ethics Committee ruling, Schmidt was given permission to establish a legal expense fund to help refund the illegal gifts from the Turkish Coalition of America. Through September 30, 2012 - approximately one year after establishing the fund - Schmidt has raised a total of $5000 and made no payments from the legal expense fund to repay the illegal gifts.
The sole contribution to the legal expense fund, $5000, came from a Turkish linked aviation firm, Global Eclipse, LLC.
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