If I told you that 72 senior citizens that average 76 years old donated $10,357,000.00 in over 485,000 separate individual donations would you believe me?
Me neither!
According to the FEC, this group of senior citizens that average 76 years of age did just that!
Note: (The ages were determined with Google searches that included the addresses and names.)
These donations of almost half a million separate donations only average $21.32 each.
Why?
That way the “masters of political money laundering” had hoped to stay “under the radar”. It worked for almost two decades. In the last few years investigative reporters such as James O Keefe, Peter Bernegger and Bob Cushman have foiled this great conspiracy that is believed to have laundered somewhere over a billion dollars in the last two decades through ActBlue with the probable complicity of the FEC.
This is what we call “smurfing,” AKA money laundering.
This is illegal!
What is smurfing? “Smurfing” involves making many small financial transactions to avoid reporting thresholds (e.g., for money laundering). In political campaign law there are two important functions which are “bypassed”.
- It is generally required that the actual name of the donor be assigned to each donation.
- There are strict limits on how much an individual may contribute.
In “smurfing” (i.e. money laundering) these laws are ignored.