Report: Is David Brock’s Super PAC Engaged In A Fraudulent Payroll Scheme?
From 2011 to the end of 2015, the Foundation funneled $7.6 Million into the Super PAC. The Foundation isn’t required to disclose who donated that money, so we will never know who donated those dollars.
Despite millions being passed through to the Super PAC, not once has the Foundation disclosed any of the transfers to the IRS in its end of year tax filings. See for yourself: (H1 2011)(2011)(2012)(2013)(2014)(2015)
The only way to view the transfers is by reviewing the Super PAC’s filings with the FEC.
The sheer amount of funds being transferred out of the Foundation into the Super PAC is alarming. For the past couple tax years, transfers to the Super PAC consisted of over 50% of the Foundation’s total expenditures.
See Also:
Ty Simpson: Taking Down David Brock and His Illicit Fake News Empire – Citizens Audit (Andrew Kerr)
