Since its founding in 2021, Occupy Democrats has consistently ranked among the least credible sources of political information in the United States. Nevertheless, its simple, reactionary posts have earned it a massive following of over 10 million, many of whom donate to the group’s political action committee.
It has since been revealed that over a quarter of the money raised in 2021-2022 was allegedly deposited directly into a company owned and directed by Occupy Democrats founders Omar and Rafael Rivero.
According to data obtained via OpenSecrets, the Occupy Democrats Election Fund raised $797,999 in 2022.
In 2020, the group received $1.08 million and spent only $649,450, leaving them with over $400,000 at the beginning of the 2022 cycle.
Of their 2022 expenditures, which amounted to $1,173,923, $607,936 went towards fundraising efforts, with an additional $313,165 being used for media-related activities.
It turns out that $250K of the $797K went into a company owned by Omar and his brother.
They are literally fundraising to pay ‘fundraising consultants’, some of which turns out to be themselves. Insane. t.co/wYJkExVY4D
— Hamish Mitchell (@H_MitchellPhoto) September 26, 2022