Yet the mainstream media took no notice of last week’s federal court filing that exposes an $84 million money-laundering conspiracy the Democratic National Committee and the Hillary Clinton campaign executed during the 2016 presidential election in violation of federal campaign-finance law.
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Suspecting the DNC had exceeded those limits, a client of Backer’s, the Committee to Defend the President, began reviewing FEC filings to determine whether there was excessive coordination between the DNC and Clinton. What Backer discovered, as he explained in an interview, was much worse. There was “extensive evidence in the Democrats’ own FEC reports, when coupled with their own public statements that demonstrated massive straw man contributions papered through the state parties, to the DNC, and then directly to Clinton’s campaign—in clear violation of federal campaign-finance law.”
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During the 2016 presidential election, Hillary Clinton, the DNC, and participating state Democratic committees established the Hillary Victory Fund (HVF) as a joint fundraising committee to accept contributions from large donors, some exceeding $400,000. So far, so good. To comply with campaign finance law, the HVF needed to transfer the donations to the specified recipients, whether the Clinton campaign, down-ticket Democrats, the DNC, or state committees.
FEC records, however, show several large contributions reported as received by the HVF and the same amount on the same day (or occasionally the following day) recorded as received by the DNC from a state Democratic committee, but without the state Democratic committee ever reporting the contribution.
For instance, the HVF reported transferring $19,500 to the Mississippi Democratic Party on November 2, 2015, and the Democratic National Committee reported receiving $19,500 from the Mississippi Democratic Party on November 2, 2015. But the Mississippi Democratic Party never recorded the receipt or the disbursement of the $19,500, and without the Mississippi Democratic Party controlling the funds, the HVF’s contribution to the DNC violated campaign finance law.
Bombshell: FEC Records Indicate Hillary Campaign Illegally Laundered $84 Million
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Suspecting the DNC had exceeded those limits, a client of Backer’s, the Committee to Defend the President, began reviewing FEC filings to determine whether there was excessive coordination between the DNC and Clinton. What Backer discovered, as he explained in an interview, was much worse. There was “extensive evidence in the Democrats’ own FEC reports, when coupled with their own public statements that demonstrated massive straw man contributions papered through the state parties, to the DNC, and then directly to Clinton’s campaign—in clear violation of federal campaign-finance law.”
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During the 2016 presidential election, Hillary Clinton, the DNC, and participating state Democratic committees established the Hillary Victory Fund (HVF) as a joint fundraising committee to accept contributions from large donors, some exceeding $400,000. So far, so good. To comply with campaign finance law, the HVF needed to transfer the donations to the specified recipients, whether the Clinton campaign, down-ticket Democrats, the DNC, or state committees.
FEC records, however, show several large contributions reported as received by the HVF and the same amount on the same day (or occasionally the following day) recorded as received by the DNC from a state Democratic committee, but without the state Democratic committee ever reporting the contribution.
For instance, the HVF reported transferring $19,500 to the Mississippi Democratic Party on November 2, 2015, and the Democratic National Committee reported receiving $19,500 from the Mississippi Democratic Party on November 2, 2015. But the Mississippi Democratic Party never recorded the receipt or the disbursement of the $19,500, and without the Mississippi Democratic Party controlling the funds, the HVF’s contribution to the DNC violated campaign finance law.
Bombshell: FEC Records Indicate Hillary Campaign Illegally Laundered $84 Million