Ocasio Cortez Fec
Rep. Alexandria Ocasio-Cortez (D-NY) and her campaign manager ran a “subsidy scheme” that violated campaign laws, according to a Federal Election Commission (FEC) complaint.
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The complaint, which was obtained by Fox News on Tuesday, alleges that Ocasio-Cortez and her campaign manager, Saikat Chakrabarti, ran a dark web of political action committees (PACs) that enabled them to raise money beyond the legal limits set in place by federal campaign finance laws.
The FEC complaint also alleged that Ocasio-Cortez and Chakrabarti created a limited liability company (LLC) to go around federal expenditure requirements, offering political consulting services to Ocasio-Cortez and other Democratic candidates at extremely low prices.
Chakrabarti’s group, Brand New Congress LLC, took on Ocasio-Cortez as a client and charged those clients “far below market value” while using PAC money to subsidize the company’s losses, according to the complaint.
Dan Backer, a conservative attorney, filed the FEC complaint alleging that Ocasio-Cortez and Chakrabarti violated a group of FEC Advisory Opinions in place since the 1990s which state that campaigns have to pay full price for political consulting services or accept them as contributions.
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Ocasio Cortez Fec Violation
This is not the first FEC complaint filed against Ocasio-Cortez recently. The National Legal and Policy Center (NLPC) filed an FEC complaint against Chakrabarti for allegedly using two different PACs to funnel $1 million to two private companies he owned to hide campaign finance expenditures.
- Ocasio-Cortez also faces accusations she has yet to pay back taxes on a failed business venture. Backer said the FEC, which has been slow to rule on current complaints, needs to speed up the process or face legal action. “It would be wonderful if the FEC would get off its dysfunctional ass and rule on these things,” Backer said.
- (FOX NEWS) - New York Rep. Alexandria Ocasio-Cortez and Saikat Chakrabarti, the progressive firebrand's multimillionaire chief of staff, apparently violated campaign finance law by funneling.
Ocasio-cortez Fec Complaint Status
.Includes contributions from other candidate committees. NOTE: All the numbers on this page are for the 2019 - 2020 election cycle and based on Federal Election Commission data released electronically on 01/29/21 for Fundraising totals, Source of Funds and Total Raised vs Average, and on 01/11/21 for Top Contributors and Industries. The Coolidge Reagan Foundation’s FEC complaint is the third filed against Ocasio-Cortez in the past five weeks. A conservative group filed a 21-count Federal Election Commission (FEC) complaint against Rep. Alexandria Ocasio-Cortez Wednesday alleging that her unreported affiliation with Justice Democrats PAC during her 2018 primary campaign. A complaint filed with the Federal Election Commission alleges Rep. Alexandria Ocasio-Cortez, D-N.Y., and her campaign manager ran a 'subsidy scheme' in apparent violation of campaign finance laws, Fox News is reporting. The news network obtained a copy of the complaint before its Wednesday filing.