Edwards acknowledges probe over campaign

Failed presidential candidate John Edwards, whose political action committee paid more than $100,000 to his mistress’ company, acknowledged Sunday that federal investigators were looking into how he handled his campaign funds.

Edwards admitted the affair with Rielle Hunter in August after months of denying tabloid reports about the relationship.

His political action committee paid Hunter’s firm $100,000 for video production in a four-month span in 2006, and then paid an additional $14,086.50 on April 1, 2007. At the time, the PAC only had $7,932.95 in cash on hand, according to records filed with the Federal Election Commission.