NEWS

Bombshell: FEC Records Indicate Hillary Campaign Illegally Laundered $84 Million

Updated: April 24, 2018 at 4:42 pm EST  See Comments

The Federalist- The press continues to feed the dying Russia collusion conspiracy theory, spending Friday’s news cycle regurgitating Democrat talking points from the just-filed Racketeer Influenced and Corrupt Organizations Act lawsuit against the Trump campaign, WikiLeaks, and Russia.

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.

That lawsuit, filed last week in a DC district court, summarizes the DNC-Clinton conspiracy and provides detailed evidence from Federal Election Commission (FEC) filings confirming the complaint’s allegations that Democrats undertook an extensive scheme to violate federal campaign limits.

From Bundling To Money Laundering

Dan Backer, a campaign-finance lawyer and attorney-of-record in the lawsuit, explained the underlying law in an article for Investor’s Business Daily: Under federal law, “an individual donor can contribute $2,700 to any candidate, $10,000 to any state party committee, and (during the 2016 cycle) $33,400 to a national party’s main account. These groups can all get together and take a single check from a donor for the sum of those contribution limits—it’s legal because the donor cannot exceed the base limit for any one recipient. And state parties can make unlimited transfer to their national party.”

This legal loophole allows “bundlers” to raise large sums of money from wealthy donors—more than $400,000 at a time—filtering the funds to the national committees. Democrats and Republicans alike exploit this tactic. But once the money reaches the national committees, other limits apply.

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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