Wednesday, May 18, 2022

Influencing American elections illegally

REVEALED: Swiss-born billionaire who became mega-donor of 'dark money' to Democratic causes may have broken the law because he's 'NOT a US citizen or resident', lawsuit claims

  • Suit accuses Swiss-born billionaire Hansjorg Wyss of illegal political donations
  • Wyss is a major donor to groups that fund a variety of liberal causes
  • Foreign nationals can't donate to candidates, but can support advocacy groups
  • Lawsuit from watchdog group challenges that distinction, urging FEC probe
  • Wyss has estimated fortune of $5.1B and is a bidder for the Chelsea football club
  • His non-profits insist they only donate to causes, and don't support candidates 

 Swiss-born billionaire who funneled hundreds of millions to left-leaning US groups may have violated bans against political donations by foreign nationals, according to a lawsuit.

Hansjorg Wyss, who has an estimated net worth of $5.1 billion and in lives in Wyoming, has become a major donor to liberal groups in recent years, but remains tight-lipped about his citizenship status.

Foreign nationals who don't hold US green cards are barred from making direct donations to candidates for office or political action committees, but they are are allowed to contribute to advocacy groups that seek to sway public policy.

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