Money Laundering Scheme Exposed: 14 Pro-Clinton Super PACs & Non-Profits Implicated zerohedge.com ^ | Sep 20, 2016 / FR Posted by Helicondelta
David Brock has 7 non-profits, 3 Super PACs, one 527-committee, one LLC, one joint fundraising committee, and one unregistered solicitor crammed into his office in Washington DC. Uncovered records expose a constant flow of money between these organizations. The Bonner Group, his professional solicitor, works off a commission. Every time money gets passed around, Bonner receives a 12.5% cut.
Follow the money : Say, for example, you donate $1,062,857 to Media Matters for America. This is how David Brock would have used your charitable donation in 2014:
1- Media Matters would receive your $1,062,857 donation The Bonner Group would earn a $132,857 commission Media Matters would retain $930,000
2- Next, Media Matters would give what’s left of your entire donation, $930,000, to the Franklin Education Forum The Bonner Group would ‘earn’ a $116,250 commission The Franklin Education Forum would retain $813,750
3- The Franklin Education Forum would then forward the remaining $813,750 to The Franklin Forum The Bonner Group would ‘earn’ a $101,718 commission The Franklin Forum would retain $712,031
In the end, Brock’s solicitor would have pocketed $350,825, almost a third of your initial donation! That’s a far cry from the advertised 12.5% commission.
more at zerohedge.com
Thanks, Liz.
Brock's little nest was one of the first things I thought of, but I wasn't aware of any succinct summary.
Could you post that item as a separate thread, please?
Do you know who else used that methodology or one kind of like it? Bill and Hillary Clinton in the Whitewater deal which became the gold standard for the criminality for the theft that occurred during the S&L crisis.
The S&L would loan money to it’s insider #1 to buy property A. The insider would take property A, have a crooked appraiser in on the scam say that property A was now worth twice as much and the same S&L would loan twice the money to insider #2 to buy the property from insider #1. They would keep doing this and at the end the American taxpayer was left holding the bag.
John McCain was in on this kind of theft and THAT SOB ran for president. He is a crook and a nut case, I’ve met him. But I digress.
Most people in Washington are outright thieves. Even the Bush family are. In this election cycle they are pissed off because Trump screwed up their bundling gravy train. Just like in the David Brock money laundering scheme people like Neil Bush would get a commission on every dollar raised for the Jeb! campaign or many of the Super Pac’s. But Donald Trump came along and screwed the entire Bush family because he cut off their commission based fund raising way before the general election. People like Neil Bush tried to pivot over to another Bush lackey named Ted Cruz but that went to hell too once Trump took Ted Cruz out.
It is all about money and this election cycle Donald John Trump totally destroyed the Republican money gravy train. Trust me, believe me, he knew that would happen.
When Trump is elected a lot of people will be going to jail or losing a lot or all of their money. That is why all of those on the left are crapping in their pants, they have to win or they go to the pokey or go broke. The Clinton’s know this and they and many others are scared $hitless. I pray for Trump’s safety.
BEST ELECTION EVER!!!!!
