That's what several newspapers and internet sites are saying this morning although the President hasn't denied or confirmed the story.
A new confidential investigation says it has learned that Obama first became involved with the 36-year-old Vera Barker in 2004 when she worked to get him elected to the United States Senate from Illinois, raising campaign funds as well as other things.
Now, the news reporter are all searching for a hotel surveillance videotape.
While Barker has insisted in the past that "nothing happened" between them, reports reveal that top anti-Barack Obama news reporters are offering more than $1.5 million to witnesses to reveal what they know about the alleged hushed-up affair.
So this is the last report from me, Croc Coats, as I am taking leave to make myself some money. Anybody out there got an clues, let me know.
For that matter, anyone out there who looks exactly like Obama or Vera, please get in touch with me and my cameraman, Snappy.