By Lee Fang and Scott Keyes
According to reports published this week, Herman Cains presidential campaign funneled over $100,000 to a company owned by Cain called T.H.E. New Voice. Cain told Bloomberg News that his campaign is simply buying the candidates books, despite earlier Federal Election Commission (FEC) reports that claimed the money was for lodging (an amended report changed the payments to books.)
Cain has faced critics who have claimed that he is not running a serious campaign. Rather, he has spent much of his time simply promoting his book.
More: Asked About Herman Cain Profiting From His Presidential Campaign, Spokesman Calls The Arrangement 'Synergy' | ThinkProgress