Mitt Romney Fundraising

On May 16, 2011, the Romney campaign announced that it had raised $10.25 million "in connection with today's call day fundraiser in Nevada." This was hailed in the media as "an impressive one day total." Thereafter, however, the Los Angeles Times reported that "the amount actually represented pledges gathered earlier and tallied that day, not just funds actually taken in by the campaign." Later, it was discovered that Romney had actually raised $2.403 million on May 16, about a quarter of the claimed amount.
For the entire second quarter, the campaign expected to raise only about $20 million, less than the $44 million raised in that period in 2007 but still more than any of the other Republican candidates. Romney's campaign raised $18.5 million by the end of June, $14 million more than Ron Paul, who came 2nd in funding amongst Republican candidates.
By the end of March 2012, Romney had raised $88 million, far more than his nearest Republican rival, Ron Paul ($36 million). But Obama had raised $197 million, more than twice as much as Romney, and Obama had nearly 10 times as much cash on hand (over $100 million compared to Romney's $10 million). Most (56%) of Romney's contributions from individual donors were at the $2,500 legal limit, while most (53%) of Obama's were less than $200.
Wall Street has been the biggest donor, as of April 2012, to Mitt Romney, with some controversy.