Russia Defense Crowdfunding Stalls

Based on the crowds filling the rallies, you would think that the fund to defend Administration officials in the Mueller Russia investigation would be bulging.

patriot fund

But the crowdfunding efforts of the “Patriot Legal Expense Fund Trust’s disclosure reports show that it raised just over $200,000 in about five months of operation.”

The legal defense fund for ousted FBI agent Andrew McCabe raised that in 2 days. And the Clinton fund in the ’90s raised over $9 million.

Moreover, the Fund has donated nothing so far to help any of the victims of the witch hunt. Could there be some fatigue in the support of these participants in the inner circle?

https://about.bgov.com/blog/trump-legal-expense-fund-little-show-efforts/

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About JeffKoeppel

I am a corporate/securities attorney in the Washington, DC area. Prior to joining the firm, I was a Senior Attorney Advisor in the Division of Corporation Finance at the U.S. Securities and Exchange Commission. I am a member of the Bars of the States of Maryland, New York and the District of Columbia. You can also follow this blog on LinkedIn at: http://www.linkedin.com/pub/jeffrey-a-koeppel/0/63/5a9
This entry was posted in accredited investor, Charity, checkbook, Congress, Crowd Fund Act, Crowd Fund Act of 2012, Crowd Funding At the Margins, Crowd Funding Platforms, deposits, Funding Portals, Legislative Intent, review, technology and tagged , , , , , , , , , , , , , , , , . Bookmark the permalink.

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