New FEC Complaint for AOC Involving Alleged 'Subsidy Scheme'

  • 04/03/2019 12:00 AM
  • Source: AAN
  • by: AAN Staff
Freshman Rep. Alexandria Ocasio-Cortez (D-NY) finds herself the target of a new FEC complaint today, this one accusing the progressive firebrand and her multi-millionaire campaign manager of running a "subsidy scheme" in violation of campaign finance laws. 

Per Fox News:
 

The crux of the complaint, which was given exclusively to Fox News in advance of its filing Wednesday, accused Ocasio-Cortez and her campaign manager, Saikat Chakrabarti, of overseeing a "shadowy web" of political action committees (PACs) that allowed them to raise more cash than they could have legally. It also alleged that a limited liability company (LLC) was created to avoid federal expenditure requirements by offering Ocasio-Cortez and other Democratic candidates political consulting services at a price so low that the company apparently shut down before the election was even over.

The complaint named Ocasio-Cortez, Chakrabarti (now her chief of staff), the Justice Democrats PAC, the Brand New Congress PAC and Brand New Congress LLC as the overlapping entities that aimed to “subsidize cheap assistance for Ocasio-Cortez and other candidates at rates far below market value.”

...

At the center of the complaint is Brand New Congress LLC, a now-defunct company owned by Chakrabarti that aimed to recruit up to 400 candidates for national office and “fully run all of their campaigns,” according to a post on the Justice Democrats PAC website.

“Chakrabarti was trying to create the Uber for politics,” said Dan Backer, the conservative attorney behind the complaint. “Uber functions because of a massive subsidy from venture capital. Here, it’s subsidized by these PACs to deliver a valuable service that people need and want, but can’t be delivered at the real cost of it.”


Backer further explained that Brand New Congress LLC is guilty of providing "in-kind" contributions to candidates – operating at a loss – by only charging them a fraction of the total cost.

Neither Ocasio-Cortez nor Chakrabarti have responded to calls for comment.
 Source: AAN
Tags: Issues: Liberal Loon, Socialism Sucks, AAN Exclusive; Categories:

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