HomeLatest ThreadsGreatest ThreadsForums & GroupsMy SubscriptionsMy Posts
DU Home » Latest Threads » Forums & Groups » Places » U.S. » Pennsylvania (Group) » Dr. Oz Is Already Benefit...

Thu Jul 14, 2022, 12:14 PM

Dr. Oz Is Already Benefiting From 'Dark Money' and Citizens United

Celebrity doctor and Republican Senate candidate Mehmet Oz has plenty of personal wealth to help fund his upstart campaign. And while the TV doctor might be a political neophyte, his fundraising operation has incorporated a sophisticated technique—what one expert described as “legalized money laundering.”

Like so many aspects of today’s campaign finance system, it traces back a decade—to the Supreme Court’s watershed Citizens United decision.

The Oz setup involves a somewhat confusing super PAC, which has a “dark money” nonprofit twin. The super PAC has raised more than $4 million, including a donation from the nonprofit.

That pairing was made possible thanks to Citizens United, which gave rise to super PACs—political committees that can raise unlimited amounts of money.

Brett Kappel, campaign finance specialist at Harmon Curran, explained the arrangement.

“The Supreme Court’s Citizens United decision allowed corporations, including nonprofit organizations, to make unlimited contributions to Super PACs, which then could spend those funds on independent expenditures supporting or opposing candidates,” Kappel said.


0 replies, 766 views

Reply to this thread

Back to top Alert abuse

Reply to this thread