Referring to filings by Mrs. Clinton's campaign with the Federal Election Commission that understated the costs of the Hollywood event, Paul noted, "David Rosen was indicted for the same thing."

Mr. Rosen, who served as Mrs. Clinton's campaign finance chairman, was indicted in late 2003 for falsifying the costs of the fund-raiser in FEC reports.

The Justice Department kept the indictment under seal until January to shield the identity of Ted Kennedy in-law Raymond Reggie - a key witness in the case who reportedly taped Rosen making incriminating statements.

There is no evidence that Rosen implicated Sen. Clinton in the finance scheme.

On Friday Sen. Clinton issued a statement through her lawyer, expressing confidence that Mr. Rosen would be cleared at his upcoming trial, set to begin May 3.

And behind the scenes Clinton operatives have launched a media campaign to raise questions about the indictment.

The New York Times noted on Saturday, for instance:

"People involved in Mrs. Clinton's 2000 campaign say that underreporting would not have produced any financial benefit."

In his comments to NewsMax, however, Paul repeatedly stressed that the production costs of the Hollywood fund-raiser were, by law, an in-kind $2 million political contribution that represented the largest single donation ever collected by an individual candidate.

The former Hollywood mogul also noted that at least one senior Clinton aide has already admitted that the 2000 campaign knew how much he had donated – despite the false filings.

Speaking to the Washington Post five days after the event, Clinton campaign spokesman Howard Wolfson acknowledged that Paul had contributed "$1 million," then explained: "It was an in-kind contribution ... and not a check."

Paul told NewsMax that Wolfson's comments show senior campaign officials "knew there was an issue about my involvement and they knew there was an issue about how much it cost" at the time the false reports were filed.

While Sen. Clinton has not been named as a target of the prosecution, Paul claims that when questioned by federal investigators, she has been a focus of their interest.

Editor's note: