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Millions vanish from prominent Biden Super PAC.

Missing $12 Million Sparks Calls for Investigation into Biden Super PAC

Nearly $12 million is missing in financial disclosures ⁤for⁤ a super political action committee ​for President Joe Biden, prompting⁣ calls for an investigation.

Future Forward said that ⁣it received ⁤$3.4 million⁢ from its associated nonprofit, Future Forward USA Action. But Future Forward USA Action said in tax documents ⁢that it ​passed $15.3 million to Future Forward.

Chauncey McLean, who worked on former President Barack Obama’s presidential campaigns, leads both Future Forward and its nonprofit.

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Future Forward did not respond to requests for comment.

The Washington Free Beacon first reported on‍ the discrepancy.

The National Legal and Policy ⁤Center (NLPC) filed a complaint with⁢ the Federal Election Commission ⁢(FEC), requesting the discrepancy be investigated ⁣because it appeared to violate⁤ federal law.

Future Forward “has​ failed to disclose ‍the receipt of approximately $12 million,” the complaint states.⁤ It called on the FEC to “launch a full⁢ investigation of this complaint by ⁣issuing subpoenas‍ for documents​ and ⁢testimony.”

“The question is, where did that money go?” Paul Kamenar, NLPC counsel, told The Epoch Times. Future Forward, he said, “has some explaining to do here with respect to the non-disclosure.”

NLPC also says that Future Forward USA Action should have disclosed the ‍identity of its donors because the donations appear to have been earmarked for ⁣Future Forward, with the nonprofit acting as a mere conduit.

“They’ve got to disclose who ‍the donors‍ were to the [nonprofit], because those are really the‍ donors to⁤ the PAC,” Mr. Kamenar said.

Similar investigations have resulted in fines.

The American Conservative Union, for instance, reported ⁤receiving $1.7 ‌million and promptly directing ⁤them to a‍ PAC, but did not⁣ disclose the identity of the donor.⁣ The FEC determined (pdf) that violated a law that says “No person shall make a contribution in the name of another person‍ or knowingly permit his name‍ to be used to ‍effect ‌such a contribution, and no person shall knowingly accept a contribution made by one person in the name of another person.”

The FEC fined the‍ union $350,000.

An ⁢FEC spokeswoman ⁤told The Epoch Times: “The FEC ‍does not comment on potential or pending complaints. By law, all enforcement‌ matters must remain confidential⁤ until they’re closed.”

The commission says that​ it investigates possible violations uncovered through various means, including‌ reviews of campaign finance reports, audits, and complaints.

The complaint will be⁤ processed by the FEC ‌and likely sent to Future Forward,⁢ which will have⁤ an opportunity to ⁣lodge‍ a defense.

Watchdogs Support Probe

Future Forward had submitted the $3.4‌ million number ⁣to the FEC, a figure far below the $15.3 million represented as going to Future Forward ‍in documents sent to the IRS by Future Forward USA Action.

Watchdogs said the missing money should trigger a probe.

“The apparent⁤ numerous ⁣and blatant ‌discrepancies in the ⁣recent filings by both the nonprofit and the super PAC are beyond⁤ troubling,” said Kendra Arnold, executive ⁢director‌ of watchdog group Foundation for Accountability and Civic ​Trust, told the Free ⁤Beacon. “This situation⁢ calls for an investigation.”

Jason Torchinsky, a nonprofit attorney, also supports an FEC investigation.

“If the FEC ⁢determined that there ⁤were $12 million in​ underreported receipts by a super PAC, that could result in a substantial fine because FEC penalties⁣ are often assessed⁣ based on the amount at issue,” Mr. ⁣Torchinsky said.

A ​probe could result in fines and‌ even criminal penalties,‌ depending on the results.

If‍ a probe does not take place, then the NLPC is prepared to file a legal complaint against the FEC “for ⁤not enforcing⁤ their laws and ​regulations,” Mr. Kamenar said.

The White House ⁣did not respond to a ⁤request for comment.

Biden PAC

Top Biden ⁤administration officials ​have praised Future Forward.

Anita Dunn, a top adviser to⁤ President ​Biden, recently ‍ said that Future Forward was “the pre-eminent super PAC supporting the Biden-Harris agenda and 2024 efforts.”

The super PAC was “critical” in ​helping President Biden win ‍the 2020⁣ election and would ⁤”again​ play‍ a key role in 2024,” added Jennifer O’Malley Dillon, ⁣a White House official who⁢ served as the president’s 2020 ‍campaign manager.

Those comments came after President Biden in 2022 said dark money was a “serious problem facing our democracy.”


Read More From Original Article Here: Millions Missing From Top Biden Super PAC

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