Top House Democrat's Wife Funneled Cash Into Her Own Company's Pockets
In an apparently massive breach of basic ethics and decency, the wife of Democratic Congressman Elijah Cumming re-routed hundreds of thousands of dollars from a nonprofit charity and into her own for-profit company. As the Daily Caller reports:
House Oversight Chairman Elijah Cummings’s wife has funneled hundreds of thousands of dollars from her charity to her private for-profit organization, according to a previously undisclosed cost-sharing arrangement that multiple experts said raises red flags.
Maya Rockeymoore Cummings’s charity, the Center for Global Policy Solutions (CGPS), paid her for-profit venture, Global Policy Solutions LLC, over $250,000 in “management fees” between 2013 and 2015, according to the charity’s audited financial statements covering those years. The management fees were paid in addition to a cost-sharing agreement where the charity pays for its share of equipment, personnel and other expenditures.
Rockeymoore Cummings’s charity is funded by companies with interests before her husband’s congressional committee, according to the Washington Examiner.
“It’s self-dealing. It’s taking the charity’s resources and turning them into personal profits,” National Legal and Policy Center (NLPC) investigator Tom Anderson told The Daily Caller News Foundation. “IRS law doesn’t allow a charity for this purpose. This isn’t for the public interest, this is for her personal interest. You can’t do that.”
Just another day in Washington apparently for America's self-serving Democrats.