BREAKING: Beto Funneled Over $100K in Donor Funds to His OWN Company

According to new reports, Beto O’Rourke allegedly funneled over $100,000 dollars in campaign funding to a web development company he owned.

During a time period ranging from 2011 to 2018, the 2020 presidential hopeful allegedly funneled approximately $110K to Stanton Street Technology Group, a private company owned by O’Rourke and his wife, which they founded in the late 1990’s.

While the payments appear legal, according to campaign finance laws, the practice is widely viewed as unethical.

O’Rourke’s history with computers dates back to the origins of the internet, when he participated in early online message forums under the handle “Psychedelic Warlord.”

From Breitbart:

Democrat 2020 presidential candidate Beto O’Rourke funneled roughly $110,000 in campaign money to a private web development company he and his wife owned at one time while he served as a congressman, according to FEC rules.

O’Rourke’s campaign, Beto for Texas, donated money to Stanton Street Technology Group in several different election cycles.

The campaign donated $58,544 to the group between 2011 and 2012, $39,060 between 2013 and 2014, $9,290 between 2015 and 2016, and $32,778 between 2017 and 2018, according to Federal Election Commission (FEC) records obtained by the Daily Caller.

During that time, either O’Rourke or his wife owned Stanton Street Technology Group— a web development firm created by O’Rourke in 1998.

The payments to the firm are legal if the campaign sends a bill for the cost of the services, but some people have criticized the practice as unethical, the Atlanta Journal-Constitution reported.

Amy Sanders O’Rourke, Beto’s wife, took over the web development firm when the Texas Democrat began serving in Congress in January 2013.

She took the helm of the firm until March 2017, when she sold her share of the company for $100,001 to $1 million, according to a 2017 financial disclosure report for Beto O’Rourke’s campaign.

Beto O’Rourke is not the only Democrat to be accused of funneling campaign money to a private company. An FEC complaint released Wednesday alleged that Rep. Alexandria Ocasio-Cortez (D-NY) ran a “subsidy scheme” to go around federal campaign requirements.