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Republican presidential candidate former Massachusetts Gov. Mitt Romney participates in the Republican presidential candidate debate at the North Charleston Coliseum in Charleston, S.C., Thursday, Jan. 19, 2012. (AP Photo/David Goldman)

Romney money questions persist

Last updated Friday, January 20, 2012 - 11:28am

CHARLESTON, S.C. -- Facing newly barbed questions about his wealth, Mitt Romney on Thursday refused to bow to pressure to immediately release his tax returns in the rocky home stretch of South Carolina's Republican primary. Though still the front-runner for the nomination, Romney also lost his claim to an Iowa victory just as Newt Gingrich emerged as a stronger threat.

Cayman Islands, Mitt Romney, Offshore accounts, Politics, Republicans, National Read more Comments

Republican presidential candidate, former Massachusetts Gov. Mitt Romney, campaigns in Irmo, S.C., Wednesday, Jan. 18, 2012. (AP Photo/Charles Dharapak)

Romney had millions in offshore Cayman accounts

Kasie Hunt The Associated Press

Last updated Thursday, January 19, 2012 - 12:28pm

CHARLESTON, S.C. — Under duress two days before the pivotal South Carolina primary, Republican front-runner Mitt Romney acknowledged he has invested part of his millions in the Cayman Islands, although his aides say he never used the location as a tax haven.

Neither Romney nor his campaign provided details, such as how much he has invested there, why he invested there or if he has invested any of his money elsewhere outside the United States.

Cayman Islands, Investments, Mitt Romney, Offshore accounts, Politics, Taxes, National Read more Comments