<img src="https://trc.taboola.com/1321591/log/3/unip?en=page_view" width="0" height="0" style="display:none">
Fact Check Library

Fact Check with Logically.

Download the Free App Today

true
true

CLAIM ID

8bc78af7

Jared Kushner created a shell company that utilized Trump campaign funds.

According to a Business Insider exclusive, Jared Kushner helped create a Trump campaign shell company and it could well be that no laws were violated.

According to a Business Insider exclusive, Jared Kushner helped create a Trump campaign shell company and it could well be that no laws were violated.According to an exclusive published by Business Insider, "Jared Kushner, President Donald Trump's son-in-law, approved the creation of a shell company that operated like a “campaign within a campaign” and secretly funneled millions of dollars in campaign cash to Trump family members." He "approved the creation of a shell company that spent almost half of the Trump campaign's $1.26 billion war chest, a person familiar with the operation," told Insider exclusively. The money was shielded mainly from publicly reporting financial details as it allowed the campaign to avoid federally mandated disclosures concerning what it was spending considerable amounts of money on. Reportedly, Trump’s daughter-in-law Lara Trump was the company’s president, Vice President Mike Pence’s nephew was its VP, and Trump campaign CFO Sean Dollman was treasurer and secretary.

Despite its $617 million spending through AMMC, the Insider further reported the Trump campaign publicly disclosed little information about the company, including how it used the money." Insider described this company as acting “almost like a campaign within a campaign.”

Some leaders from the wider campaign told Insider that they were kept in the dark about the actual AMMC arrangement and that they were generally aware the company was used to purchase TV, radio, and digital advertising but had no idea exactly how much each vendor was keeping for itself. While some advisers have accused former campaign manager Brad Parscale of mismanaging money, most of the cash by AMMC—$415 million— was spent after Parscale was fired on July 15.

The Trump campaign said Friday that “Lara Trump and John Pence resigned from the AMMC board in October 2019 to focus solely on their campaign activities, however, there was never any ethical or legal reason why they could not serve on the board in the first place. John and Lara were not compensated by AMMC for their service as board members.”

Washington Post reported that "it could well be that no laws were violated, but the whole point of shell companies is to hide something; in this case, the campaign was able to show over $600 million in payments to AMMC., on its Federal Election Committee filings, without the details that would be known if whatever they were spending money on was paid directly to vendors. And while most of that $600 million probably went to buy advertising."

Have a question or correction on one of our fact-checks?

If you think a claim has been misjudged or requires correction, please send us evidence to support your error claim. We will revisit our evidence and verdict and conduct additional research to verify new information.

Fact Check of the Day

misleading

397 children were diagnosed with heart inflammation after receiving Pfizer’s COVID-19 vaccine in U.S.