The Connecticut Senate campaign of investment advisor Peter Schiff (R) has refunded nearly $120,000 in contributions that exceeded campaign finance limits.

The campaign raised $563,000 in the first quarter but was forced to return $119,250.

Campaign spokeswoman Jennifer Millikin said the campaign received checks for $4,800 and incorrectly applied all of the money to the primary, rather than the maximums of $2,400 each for the primary and general elections.

"The donors didn't specify which election, but ultimately the campaign accepts responsibility for not catching the errors sooner," Millikin told The Ballot Box. "As soon as we realized the problem, the cash was returned."

The money can still be sent back to the campaign if it is designated for the general election.