Explosive new allegations claim that far-left New York City mayoral frontrunner Zohran Mamdani received tens of millions of dollars in illegal shadow funding from billionaire activist George Soros.
Soros has been illegally funneling the funds to Mamdani, a radical Democratic Socialist, through his network of organizations.
According to a report by White Collar Fraud, more than $40.9 million was funneled through “nine distinct channels, all traceable to George Soros networks,” into six organizations that have publicly supported Mamdani’s campaign.
The report accuses the network of using tactics resembling those of “sophisticated criminal enterprises,” alleging a coordinated effort to mask the source and purpose of the money.
“The coordination methods described here resemble those commonly seen in sophisticated criminal enterprises,” the report said.
“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.”
White Collar Fraud alleges that the six organizations used the funds to deploy over a thousand paid operatives posing as volunteers.
The volunteers knocked on more than 250,000 doors across New York City to boost Mamdani’s campaign image.
“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,” the group said.
“None appearing in campaign finance reports.”
The organization has since filed 11 whistleblower complaints with the IRS.
The complaints allege violations of federal tax law and campaign finance rules.
Soros’ Foundation Denies Allegations
The Open Society Foundations, the global network of activist groups financed by George Soros, has denied the claims.
A spokesperson told The Daily Mail that the report’s numbers were inaccurate and misleading, saying:
“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.”
A Growing Pattern of Political Influence?
The allegations come as scrutiny intensifies over Soros-linked influence in American elections, particularly at the state and municipal levels.
Soros-backed networks have spent millions supporting progressive prosecutors, district attorneys, and policy advocates across the country.
Critics say these efforts have contributed to rising violence and soft-on-crime policies in major cities.
If the claims prove true, Mamdani’s campaign could face severe legal and financial repercussions, as using tax-exempt charitable organizations to coordinate political activities violates federal election law.
White Collar Fraud’s findings have already prompted calls from watchdogs for a federal investigation into whether Soros-linked foundations illegally used nonprofit entities to influence the outcome of a major U.S. election.
READ MORE – George Soros Caught Funding Violent Anti-Trump ‘No Kings’ Protests Across the Country
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