WASHINGTON - There could be bad news for President Barack Obama's reelection campaign as reports surface that a national news service is preparing to break a donor scandal, the Washington Examiner reports.

According to sources the Examiner refers to as knowledgeable, the Obama campaign has tried to block the release but the news service, a national magazine or web site, will publish the story Friday or Monday.

The source says a taxpayer watchdog group investigated the campaign for nine months and found thousands of cases of credit card solicitations and donations to Obama and Capitol Hill from unsecure accounts - many overseas.

If true, this could violate federal election laws.

Read more from the Examiner.

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(Copyright 2012 by WTOP. All Rights Reserved.)

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