President Barack Obama’s campaign aides suggest that Mitt Romney may have committed a felony and charge that financial filings would justify a government investigation for possible crimes.

Either Romney “was misrepresenting his position at Bain to the [Securities and Exchange Commission], which would be a felony… [or] he was lying to the American people, that’s a real character trust issue that the American people need to take seriously,” said Stephanie Cutter, Obama’s deputy campaign manager.