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Zohran Mamdani, the current favorite to become New York’s next mayor, is facing allegations his campaign received more than $40 million from Soros-linked charities, in violation of tax laws.
In a new report, White Collar Fraud alleges $40.9 million passed through “nine distinct channels, all traceable to George Soros networks,” to six organizations that have backed Zohran Mamdani’s campaign.
According to the report, “The coordination methods described here resemble those commonly seen in sophisticated criminal enterprises. They involve multiple legitimate-looking entities that hide the true flow and purpose of funds. Advanced operations avoid openly revealing their coordination—they establish plausible separations while keeping control through shared leadership, circular money flows between ‘unrelated’ entities, and selective transparency that hides relationships from federal oversight while acknowledging them in other contexts.”
The six organizations are alleged to have used the funds to pay to deploy well over a thousand volunteers to knock on more than 250,000 doors in the city.
“The campaign claimed 75,000 total volunteers knocking on 436,600 doors—professional field operations funded by the coordinated network, all presented to voters as independent grassroots support. None appearing in campaign finance reports,” the White Collar Fraud report added.
White Collar Fraud claim the volunteering operation operated in violation of tax laws, and has filed 11 whistleblower reports with the IRS.
The Soros Open Society Foundations have denied the allegations. A representative told The Daily Mail, “The math isn’t the only thing that doesn’t add up. The grants [the report] cited—many of which we were earmarked for specific projects and causes elsewhere around the country as we have disclosed—were made years before the mayoral race even began.”
