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Why the IRS Must Investigate the Tax-Exempt Syndicate that Weaponized Mamdani’s Campaign

Days after winning, Zohran Mamdani told NBC: "I don't think we should have billionaires"
Our investigation reveals his 'grassroots revolution' was actually backed by a $2+ billion tax-exempt… pic.twitter.com/bdJRIYbgTW

— Sam E. Antar (@SamAntar) August 17, 2025

Why the IRS Must Investigate the Tax-Exempt Syndicate that Weaponized Mamdani’s Campaign

Days after winning, Zohran Mamdani told NBC: "I don't think we should have billionaires"
Our investigation reveals his 'grassroots revolution' was actually backed by a $2+ billion tax-exempt syndicate raising serious IRS compliance questions.

Mamdani is merely a product of this syndicate—the coordinated infrastructure that manufactured his political rise operates continuously, creating candidates while maintaining the illusion of grassroots democracy.

Full investigation, with receipts (35m Read):
➡️https://whitecollarfraud.com/2025/08/17/why-the-irs-must-investigate-the-tax-exempt-syndicate-that-weaponized-mamdanis-campaign/

THE FORENSIC ACCOUNTING FRAMEWORK:
🔴 SUBSTANCE OVER FORM DOCTRINE: IRS examines operational reality, not just legal formalities
🔴 Professional auditors at Deloitte & Withum determined legally separate entities must be treated as UNIFIED OPERATIONS
🔴 When organizations share executives, payroll systems, office space - legal separation becomes fiction

🟠 CASH FUNGIBILITY PRINCIPLE: Money is interchangeable
🟠 Government grants create organizational capacity that enables political transfers
🟠 Even if organizations claim fund segregation, taxpayer money frees up other resources for politics

THE NETWORK EXAMINED:
🟢 Open Society network (Soros foundations) - $693+ million operation
🟢 Working Families Party entities - coordinated political operations
🟢 Tides Foundation network - $350+ million pass-through operation
🟢 Make the Road organizations - $16.1 million in taxpayer grants flowing to political arms

THE OPERATIONAL REALITY:
🟡 $2+ BILLION network with SAME executives controlling "separate" organizations
🟡 Organizations acknowledge "common control" with political groups in their own IRS filings
🟡 Shared addresses, personnel, and payroll systems across supposed independents
🟡 Professional auditors identified "significant deficiencies" in federal fund controls
🟡 $36.4 million in transfers between "charitable" and political operations

THE COMPLIANCE QUESTIONS THIS RAISES:
🔵 Potential IRC Section 501(c)(3) violations: Political intervention by tax-exempt organizations
🔵 Potential IRC Section 4955 issues: Excise taxes on political expenditures
🔵 Potential IRC Section 4958 issues: Excess compensation across related entities
🔵 Form 990 reporting accuracy questions about organizational independence

THE TAX IMPLICATIONS:
🟣 $450+ million in potential annual tax impact
🟣 Questions about donor deductions for activities supporting political operations
🟣Investment income tax treatment under potentially improper exempt status
🟣 Corporate income tax questions on $5.57 billion in assets

IRS WHISTLEBLOWER COMPLAINT FILED documenting these compliance patterns

When operational reality contradicts legal formalities, substance over form analysis reveals the true tax compliance picture.