Money Laundering Scheme Exposed: 14 Pro-Clinton Super PACs & Non-Profits Implicated

Money Laundering Scheme Exposed: 14 Pro-Clinton Super PACs & Non-Profits Implicated | Zero Hedge:
This is serious.

• David Brock operates over a dozen pro-Clinton organizations from his office in Washington DC.
• Uncovered records expose a constant flow of money between his organizations.
• Brock’s unregistered Professional Solicitor, the Bonner Group, receives a 12.5% cut every time money is moved.

There’s a reason why David Brock chooses to house an unregistered Professional Solicitor in his office to raise money for his conglomerate of Super PACs and non-profits.

Professional Solicitors are required to disclose their active solicitation contracts.  Brock wants his unregistered solicitor, the Bonner Group, to keep their client list hidden for a very specific reason.

...Follow the money

Nonprofits are required to disclose who they give cash grants to.

But they aren’t required to disclose who gave them cash grants.

This weak system of one way verification is being abused by Brock.  He’s been cycling money between his organizations for years, and the Bonner Group’s 12.5% commission gets triggered after every pass.

...Notice what happened?

1. David Brock’s Media Matters gave a $930,000 cash grant to David Brock’s Franklin Education Forum
2. David Brock’s Franklin Education Forum credited the Bonner Group for raising those funds, triggering the 12.5% commission
   
   • David Brock paid the Bonner Group a $124,250 commission to solicit a cash grant … from himself!

...Let’s recap

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.

As bizarre as that scenario may sound, this is exactly what David Brock did in 2014..."
Much more!!