Walter Curt@wcdispatch
🚨DID YOU KNOW We’re Paying for Somalian Pirates To Rob Us With NGOs?
That’s right, you are funding the fleecing of America with your tax dollars.
How are they doing it?
Well… Did you know that a 501(c)(3) can wholly own an LLC? Apparently they can.
It’s called a “disregarded entity,” and, so long as it claims to serve the nonprofit’s mission, funnel every dollar of profit back upstream, tax-free.
On paper it’s charitable. In practice, it’s a perfect laundering chute.
Stack enough LLCs under one nonprofit umbrella, give them vague missions and phantom addresses, and you’ve built a profit machine that pays no taxes and answers to no one.
In our investigation we’ve looked at these “businesses.”
Many don’t even exist beyond a filing, no offices, no staff, sometimes nothing more than the backside of a motel.
Blatant fraud, but it gets better!
These same NGOs are pulling in millions in public funding. Read that again. Taxpayer money flows to nonprofits, nonprofits spin up shell LLCs, and profits wash back tax-free, while the public foots the bill.
We’re not just losing revenue; we’re subsidizing the very structure that drains it. 🇺🇸
