The FEC complaint filed against AOC is alleging her COS, Saikat Chakrabarti, created multiple private
companies-—LLCs-—to siphon off campaign contributions from her various PACs for her personal use......
BTW, besides socialism (gag)....Bernie and AOC have a lot in common.
AOCs COS used to be Bernies....wait for it.....”Director of Organizing Technology.”
AND THIS—Saikat Chakrabarti, is a proven tech expert.
(A) He co-founded a web design tool,
(B) He built up the product team at the payment processor “Stripe”.........
(C) He then came to the Sanders campaign after (cough) growing disillusioned with the tech world.
Saikat Chakrabarti was Bernie’s Director of Organizing Technology. Even old man Bernie knew enough to hire a tech expert.
So, I guess (smirk) Chakrabarti’s tech skills musta come in mighty handy when donations to Bernie were wire-transferred to the DNC
and ended up in Hillary’s account. Debbie W/S headed the DNC at the time and was ousted b/c of her bias for Hillary.
Course, none of us heard about any of this, but.....
<><> Chakrabarti-the-tech-whiz did find out about the DNC theft, didnt he?
<><> Chakrabarti did speak to D/W/S about it, or to Debbie’s tech expert, Imran Awan, didnt he?
<><> Chakrabarti did tell Bernie he was fleeced, didnt he?
<><> Chakrabarti WAS working for Bernie, wasnt he?
cont
cont
Now the details about that FEC complaint:
The FEC complaint asserts that AOC’s COS, Saikat Chakrabarti, early on established two PACs that raised big bucks for AOC’s campaign:
<><> the Brand New Congress PAC, and,
<><> Justice Democrats PAC.
After a whole lot of money was raised, Chakrabarti systematically transferred $885,000+ in PAC contributions to his private companies with similar names:
<><> the Brand New Campaign LLC, and,
<><> the Brand New Congress LLC.
Saikat Chakrabarti’s private companies, unlike PACs, are exempt from reporting all of their significant expenditures.
Keep in mind it is a much-used criminal act to open bank accounts using similarly named entities as Chakrabarti did.
It’s easy to siphon off money for oneself by putting checks into the new accounts with similar names, depositing checks that were made out to the original entity.
Even your bank will advise you that if the check-writer “mis-spelled” your name.....to just endorse the check with the correct name.
AND PRESTO: a check made out to Brand New Congress PAC, is deposited in the Brand New Congress LLC account.
Campaign finance attorneys described the arrangement as really weird and an indication “theres something amiss.” They said there was no way of telling where the political donations went meaning (A) the donations could have been pocketed, or, (B) used by the LLC’s to pay for off-the-books campaign operations.-—SNIP-—SOURCED FROM FR.
JUST WONDERING .....does Chakrabarti have a reputation among Democraps for facilitating the conversion of campaign donations?
Maybe we should ask Bernie (/s)?