Rep. Alexandria Ocasio-Cortez’s chief of staff ran $1M slush fund by diverting campaign cash to his own companies.
The chief of staff to Democratic Socialist Darling Rep. Alexandria Ocasio-Cortez reportedly funneled more than $1 million in political donations from two political action committees he founded into two of his own private companies, reports the Washington Examiner, citing a Monday complaint filed with the FEC.
“One is the scam PAC possibility — they’re really just paying themselves and they’re concealing it by using the LLC. The other is that there’s actually another recipient, that the money is going to the LLC and then being disbursed in some other way that they want to conceal.”
— Tim Pool (@Timcast) March 4, 2019
Two political action committees founded by Rep. Alexandria Ocasio-Cortez’s top aide funneled over $1 million in political donations into two of his own private companies, according to a complaint filed with the Federal Election Commission on Monday.
The cash transfers from the PACs — overseen by Saikat Chakrabarti, the freshman socialist Democrat’s chief of staff — run counter to her pledges to increase transparency and reduce the influence of “dark money” in politics.
Chakrabarti’s companies appear to have been set up for the sole purpose of obscuring how the political donations were used.
The arrangement skirted reporting requirements and may have violated the $5,000 limit on contributions from federal PACs to candidates, according to the complaint filed by the National Legal and Policy Center, a government watchdog group.
Campaign finance attorneys described the arrangement as “really weird” and an indication “there’s something amiss.” They said there was no way of telling where the political donations went — meaning they could have been pocketed or used by the company to pay for off-the-books campaign operations. More
I suspect Nancy Pelosi must be behind this leak in some way. She has to figure out a way to get these freshmen Democrats in check. She is still trying to figure out how to get them under her control.
Democratic Socialist Rep. Alexandria Ocasio-Cortez was elected to the House of Representatives. Annual salary is $174,000. Rent and expenses are expected to be $80,000 per year. Her term is two years. How long will it take for her to accumulate $10 million in personal assets?
If you think she ran for Congress to help the people of New York, you are an idiot. She ran because it is a quick ticket to wealth for her and anyone connected to her.