Super PAC Scammers that Prey on Vulnerable Donald Trump Donors


Since the 2009 explosion of the Tea Party, scam PACs have been collecting large piles of small checks that have the potential to add up to enough money to sway a presidential race.

In reality, however, these funds are used as massive payments to consulting firms for additional fundraising efforts. For example, in the 2012 presidential race, consulting firms billed super PACs upwards of $3.6 billion for products and services, reported The New York Times on Dec. 30, 2015. Of that massive sum, 70% went back to the firms that specialized in ad placement and production. Consultants earn big bucks for every ad they place. So it’s not necessarily the candidates who get the money donated; it’s the consulting firms behind the scene.

Now, Trump’s supporters are particularly vulnerable to the PAC scams, reported Politico, because the demographic is typically neither “well-versed in election law nor attuned to the fine print of political solicitations.”

At the moment, there are currently more than two dozen unauthorized super PACs that have formed to back Trump, but only six of those groups have bought ads supporting him. Since October of 2015, the Trump campaign has been forced to disavow at least sixteen super PACs. Knowing this, it’s important to keep in mind that Trump has nothing to do with these scams.

Source: moneymorning.com

 



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