An investigative report written by Daniel Greenfield, a Shillman Fellow at the David Horowitz Freedom Center, has exposed the trail of dark money emanating from Swiss billionaire Hansjörg Wyss that appears to have been illegally funneled into funds meant to influence political races in West Virginia.
West Virginia state law bars foreign nationals such as Wyss from directly or indirectly making a contribution or donation to a political party or committee and bars anyone from accepting such contributions. But by moving cash through a series of foundations, dark money hubs, and PACs, Wyss appears to have sidestepped West Virginia law.
“Has the Fund for a Better Future and the various West Virginia groups benefiting from its cash flow done this?” author Greenfield asks. “That is something that West Virginia officials have the tools to discover.”
Wyss’ potentially unlawful activities have been flagged before, but the IRS has refused to act. Despite FEC complaints, federal authorities failed to take action even when the evidence indicated that Wyss, who has been named as a Swiss citizen, had made federal campaign contributions. The IRS, as was exposed in the Freedom Center’s investigative series, Internal Radical Service, has also allowed radical nonprofits, including those linked to Wyss cash, to freely operate with no audits.
“Ever since 2016, Democrats have told us that foreign money poses a grave threat to our political system, but they have themselves benefitted from Wyss’ largesse,” said Freedom Center founder David Horowitz. “In light of these disturbing findings, we have reached out to the office of the West Virginia Attorney General urging him to investigate the full scope of Wyss’ financial dealings in the Mountain State.”