NY Post: Feds Investigating AOC Campaign Finances

From the New York Post today by Mary Kay Linge and Jon Levine:

The Feds are looking into possible campaign finance misdeeds by Rep. Alexandria Ocasio-Cortez’s chief of staff and lead rainmaker, who suddenly resigned Friday, federal sources told The Post.

The inquiry centers on two political action committees founded by Saikat Chakrabarti, the top aide who quit along with Ocasio-Cortez spokesman Corbin Trent,the sources said. Trent left to join the congresswoman’s 2020 re-election campaign.

The two PACs being probed, Brand New Congress and Justice Democrats, were both set up by Chakrabarti to support progressive candidates across the country.

But they funneled more than $1 million in political donations into two private companies that Chakrabarti also incorporated and controlled, according to Federal Election Commission filings and a complaint filed in March with the regulatory agency.

Also from the article:

The complaint filed by the National Legal and Policy Center, Read More ➡

Federal Election Commission is Investigating Rep. Ocasio-Cortez’s PAC

From the Washington Examiner by Alana Goodman:

The Federal Election Commission is examining financial discrepancies at a political action committee that was run by Rep. Alexandria Ocasio-Cortez after an outside watchdog group raised questions about the group’s spending activities.

Justice Democrats PAC, a committee where Ocasio-Cortez served on the board until last summer, said in financial reports that it helped pay off candidate debts that did not appear to exist, according to a May 30 letter from the FEC cited by the Washington Free Beacon.

The FEC asked the PAC to explain the discrepancies, request refunds from the campaigns that allegedly received the payments, and update its financial statements, noting that the commission “may take further legal action regarding this impermissible activity.”

Justice Democrat PAC’s financial report for April 1, 2018, to June 30, 2018, “discloses one or more contributions to federal candidates for the retirement of debts incurred … Read More ➡

FEC Complaint Filed Against Rep. Alexandria Ocasio-Cortez for ‘Extensive Off-the-Books’ Campaign

National Legal and Policy Center (NLPC) filed a formal Complaint today with the Federal Election Commission (FEC) against Rep. Alexandria Ocasio-Cortez (D-NY), her chief of staff Saikat Chakrabarti, and several other individuals and groups who orchestrated an extensive operation to hide hundreds of thousands of dollars in campaign spending during the 2018 campaign, in violation of the Federal Election Campaign Act of 1971, as amended.

The funds were expended in support of ten or more Congressional candidates by a for-profit entity called Brand New Congress LLC, apparently operated by Chakrabarti. The Act requires that all expenditures of $200 or more to be disclosed to the FEC, and their purpose identified. The Complaint alleges that Chakrabarti’s LLC served as a “cutout,” for at least $885,735 received from Ocasio-Cortez’s campaign and two federal political action committees, Brand New Congress PAC and Justice Democrats PAC.

The final disposition of the funds is unknown … Read More ➡