Connect with us

NEWS

Billionaire Robert Mercer Used Trump’s Data Firm To Illegally Funnel Money, Whistleblower Says

Whistleblower Christopher Wylie revealed on Tuesday that that billionaire Robert Mercer, the man behind President Trump’s digital operations, used his data firm Cambridge Analytica to illegally funnel millions into the Trump campaign.

In testimony before a British parliamentary committee, Wylie said that Mercer was pumping millions into his company Cambridge Analytica so that he could illegally funnel the money into selected campaigns by charging pennies on the dollar for digital services.

One MP noted during the testimony that Cambridge Analytica worked for the U.K. Independence Party during the Brexit campaign even though the party was known to be short on cash.

“You have to remember,” Wylie replied, “part of the brilliance of Cambridge Analytica is it doesn’t need to make money because it’s Robert Mercer’s project. Robert Mercer is a billionaire. He doesn’t need to make money.”

“If you, as an investor of a company, put money into that company, that’s not classed as a political donation,” he explained. “You can continue to invest purposefully in a company so that it can also work for particular entities at a subsidized rate or, indeed, in some cases for free.”

Wylie argued that the committee should look into Mercer’s funding of Cambridge Analytica to determine how the company could afford to lose money on clients.

“He was putting in $10-15 million U.S. to create an asset that then we were licensing for $50,000 in some cases,” Wylie recalled. “That $50,000 — it would have been physically impossible to get the same value and level of service and data for that amount of money in any other way.”

Watch the video below.


Don't miss the latest Political Digs. Sign up for our daily email:


Click to comment
Advertisement
Advertisement

More in NEWS