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The Swiss billionaire Hansjörg Wyss has a profound interest in American politics. Over the years, he has pumped $475 million he has earned manufacturing medical devices into left-wing advocacy groups
The largest Democratic dark money network in the country is facing an Internal Revenue Service complaint alleging that its founder illegally benefited financially through its intricate setup. On Tuesday, Americans for Public Trust (APT) filed an IRS complaint against entities affiliated with Arabella Advisors, a Washington, D.C., consulting firm that manages a handful of nonprofits
A watchdog group has filed an IRS complaint alleging that Eric Kessler, founder of Arabella Advisors, illegally benefited financially from nonprofits his firm manages.
Though the allegations by both sides are partisan, legal experts say the concerns they raise have been taken seriously by the IRS in the past.
Eric Kessler, founder of left-wing dark money giant Arabella Advisors, may have enriched himself using four tax-exempt organizations.