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Report: Hillary Clinton Illegally Laundered $84 Million In Campaign Funds, Still No Handcuffs #Trump #LockHerUp

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.

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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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On behalf of his clients, on December 15, 2017 Backer filed an 86-page complaint with the FEC, asking the FEC to commence enforcement proceedings against Hillary Clinton, her campaign and its treasurer, the DNC and its treasurer, and the participating state Democratic committees.

The complaint, and an attached exhibit consisting of nearly 20 pages of Excel spreadsheets, detailed the misconduct and provided concrete evidence supporting the allegations. In short, here’s what happened and what the evidence establishes.

Think Of It Like A Shell Game With Millions Of Dollars

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.

Over a 13-month period, FEC records show some 30 separate occasions when the HVF transferred contributions totaling more than $10 million to the DNC without any corresponding record of the receipt or disbursement from the state parties, thus illegally leap-frogging the state Democratic parties.

On the other hand, of the contributions state parties reported as received from the HVF, 99 percent wound up at the DNC. They were transferred immediately or within a day or two, raising questions of whether the state Democratic committees truly exercised control over the money—something necessary under campaign finance law to allow a later-legal transfer to the DNC.

Again, the evidence is damning. According to Politico, “[w]hile state party officials were made aware that Clinton’s campaign would control the movement of the funds between participating committees, one operative who has relationships with multiple state parties said that some of their officials have complained that they weren’t notified of the transfers into and out of their accounts until after the fact.”

‘Using The Party As A Fundraising Clearinghouse’
But the Clinton campaign’s control of the contributions did not end once the funds reached the DNC, as the complaint filed with the FEC detailed. Rather, public statements by former DNC chairwoman Donna Brazile acknowledged that “[a]s Hillary’s campaign gained momentum, she resolved the party’s debt and put it on a starvation diet. It had become dependent on her campaign for survival, for which she expected to wield control of its operations.” (Continue reading by clicking here)

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James E Windsor, Overpasses News Desk
August 26th, 2018

 

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