Saturday, August 27, 2016

Democrats launder money for Hillary: Crooked maxed out donors to DNC give big to state parties who strip their names and send $ to DNC

Bloomberg reports here, calling it an "unprecedented workaround":

At least $7.3 million of the DNC’s July total originated with payments from hundreds of major donors who had already contributed the maximum $33,400 to the national committee, a review of Federal Election Commission filings shows. The contributions, many of which were made months earlier, were first bundled by the Hillary Victory Fund and then transferred to the state Democratic parties, which effectively stripped the donors’ names and sent the money to the DNC as a lump sum. ... Four state parties that received $2.8 million in transfers from the Hillary Victory Fund in July didn’t disclose the names of the donors who were the source of the funds, as FEC regulations require. In each case, the identical amount of incoming money was sent to the DNC the same day it was received.

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