David Brock, the founder of the website Media Matters, has been accused of illegally profiting from the transfer of millions of dollars from a nonprofit entity to a for-profit entity.
The complaint, filed to the IRS by a conservative watchdog group, lays out evidence that the nonprofit group American Bridge Foundation sent $2.7 million in tax-exempt funds to a for-profit company named True Blue Media that Brock owned, according to the Daily Caller.
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