President Joe Biden's favorite super PAC will have to explain a $12 million hole in its finances and its apparent use of an illegal donor concealment scheme after a watchdog group filed a complaint to the Federal Election Commission on Tuesday.
The Biden White House recently endorsed Future Forward as the "Pre-eminent super PAC" supporting the president's reelection bid.
Future Forward's dark money affiliate disclosed to the IRS in 2021 that it forwarded $3.4 million in earmarked donations to the super PAC that year, a designation that would require the group to reveal the original donors to the FEC, former commissioner Bradley Smith told the Free Beacon.
The Department of Justice has also pursued criminal cases against super PACs that use dark money groups to conceal donor identities.
Federal authorities sentenced the leader of a Puerto Rico-based super PAC to 14 months in prison in 2022 for laundering political contributions to the entity through two affiliated dark money groups.
The group's dark money affiliate reported to the IRS it contributed $15.3 million to the super PAC that year.
"It seems very odd to tell the IRS that you sent $15 million to a super PAC, but to only have that super PAC report $3 million," nonprofit attorney Jason Torchinsky told the Free Beacon.
https://freebeacon.com/biden-administration/biden-super-pac-complaint/
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