• By The Financial District

TRUMP CAMPAIGN DUPED DONORS, HAD TO REFUND $122M

The New York Times has exposed another scam perpetrated by the campaign of defeated Republican President Donald J. Trump to defraud donors by sending them pre-shaded boxes compelling them to make weekly donations similar to the amount they initially gave.

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Writing for the New York Times, Shane Goldmacher said the scam was bared after Stacy Blatt, who was in hospice care last September, made a $500 donation, which is half the money he earns monthly, to the Trump campaign and his bank account was debited $500 a week thereafter.


Blatt’s family was furious and demanded that the $3,000 skimmed from Stacy, who was suffering from cancer, be returned.


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The money was collected by WinRed, a company that earned a commission from the Republican National Committee (RNC) and kept at least $3 from each donation for the benefit of the so-called non-profit, Tommy Beer reported for Forbes.


Beer said Trump's reelection campaign was forced to issue a staggering sum of $122.7 million in refunds to supporters in 2020, giving back nearly 11% of the money it raised, according to an investigative report published by the New York Times on Saturday based on an analysis of Federal Election Commission (FEC) filings.


Beginning last summer, the Trump campaign and WinRed, began to initiate the use of pre-checked recurring payment boxes while processing online offerings, Times analysis revealed.


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According to the report, unless donors inspected the fine print of an online disclaimer and manually unchecked an opt-out box, the donor's credit card would be charged weekly until Election Day arrived.


Eventually, financial institutions became "inundated with fraud complaints" from Trump supporters who unknowingly agreed to these recurring charges.


According to the Times, several banks and one of the nation's larger credit-card companies confirmed that, at one point late in 2020, these cases accounted for up to 3% of all fraud complaints received.



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Happyornot makes feedback terminals measuring customer satisfaction sing smiley-face buttons.
Happyornot makes feedback terminals measuring customer satisfaction sing smiley-face buttons.