Influential Democrat Political Operative Under Investigation for Tax Fraud

 

One of the top political operatives for the Democrats is reportedly under investigation for tax fraud. 

The operative in question, David Brock, is under investigation for a concerning transfer of funds between companies that he made.

According to Town Hall:

One of the Democratic Party’s most prominent and influential political operatives, David Brock, is currently being investigated for tax fraud, TheBlaze reported. According to an IRS complaint, Brock allegedly transferred more than $2.7 million from his non-profit organization, American Bridge Foundation, to True Blue Media, a for-profit left-wing news organization he founded. True Blue Media is the parent company of the for-profit media website known as The American Independent (which was previously called ShareBlue).

The transfers were discovered in Form 990 filings with the IRS from 2017 and 2018 and the complaint was filed by the conservative watchdog group called Patriots Foundation. 

According to the Patriots Foundation, the American Bridge Foundation violated their tax-exempt status by making this money transfer. 

“These complaints we filed provide damning indictment of serious allegations about how his organizations have circumvented rules and exploited the tax-exempt status of the organizations for personal benefit and partisan political purposes, and potentially siphoning millions for improper purposes,” Patriots Foundation co-founder Craig Robinson told The Daily Beast in a statement.

Brock is also the founder of Media Matters an organization whose sole purpose is to go after conservative journalists.


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