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Is ACORN Engaged in a Massive Money Laundering Scheme?


I have an article in today’s American Spectator about ACORN’s racketeering and money laundering activities.

Here’s the top of it:

Is ACORN engaged in a massive money laundering scheme?

Although evidence abounds that the radical left-wing advocacy group-cum-organized crime syndicate is recycling funds mafia-style, government investigators and the media have paid scant attention to ACORN’s money trail.

Red flags that appear to signal unlawful activities by ACORN are everywhere yet ACORN’s collaborators in the White House, Justice Department, and House Judiciary Committee, smugly ignore them.

If senior executives at a troubled publicly traded corporation were to provide completely different accounts of their company’s financial standing, how long would it be before federal investigators stormed their offices? If federal authorities failed to act, how long would it be before the media and the public began to accuse the powers that be of complicity in their wrongdoing?

We shall see.

I have just discovered that three senior ACORN officials have recently given wildly divergent accounts of the size of ACORN’s budget.

ACORN current CEO and chief organizer Bertha Lewis claimed in October that ACORN had an “average budget” between “$20 [million] and $25 million a year for everything, all of the offices combined.”

ACORN national president Maude Hurd reported in the ACORN entry of Erica Payne’s handbook for liberal activists, The Practical Progressive, that ACORN’s annual budget last year was $50 million. […]

In “Understanding ACORN,” an essay published earlier this year, ACORN founder Wade Rathke said ACORN’s annual budget was north of $100 million. “Each year we raise and spend over $100 million, of which a significant part comes from dues and internal fundraising, but big chunks come from campaign support and labor and corporate partnerships,” he wrote.

So, is it $100 million, $50 million, or $25 million? […]

Matthew Vadum

The author of Subversion Inc.: How Obama’s ACORN Red Shirts are Still Terrorizing and Ripping Off American Taxpayers (WND Books, 2011), Vadum, former senior vice president at CRC, writes and speaks widely…
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