A tax-exempt Navy veterans group founded by one of Michele Bachmann’s top campaign contributors may be under investigation by the IRS at the request of U.S. Sen. Jim Webb (D-VA). The group is under investigation in at least six states and has been banned from operating in at least three.
Webb has asked the IRS to investigate the U.S. Navy Veterans Association, a national charitable veterans organization founded by Bobby Thompson of Tampa, FL, after reading “alarming reports” that the charity’s directors cannot be located and its multimillion-dollar expenditures cannot be accounted for.The U.S. Navy Veterans Association was founded by Thompson, who donated $10,000 to Rep. Michele Bachmann’s campaign at her Minneapolis event with former halftime governor Sarah Palin April 7. Thompson was only one of six individuals who ponied up the 10 large to have his picture taken with the Tea Party darlings.
"Commander" Bobby Thompson donated
$10,000 to Michele Bachmann's campaign
to have his picture taken with Bachmann
and Sarah Palin April 7.
Thompson’s organization was the subject of a major investigation by the St. Petersburg (FL) Times last spring.
According to the Times:
“The group bills itself as “nationally recognized U.S. Department of Veterans Affairs Veterans Service Organization,” with 41 state chapters, more than 66,000 members and $22.4 million a year in income that it says it uses for gifts to military personnel, veterans and their families.
But the Times found little evidence of the nationwide charity. Its officers, directors and auditors were nowhere to be found, its offices a network of rented mailboxes, its records kept secret.
Of 85 officers listed on tax papers, the Times could find just one, founder Bobby Thompson, who lived in a $600-a-month Ybor City, FL, duplex. He said he is a retired Navy lieutenant commander and “trust fund baby” who poured more than $180,000 of his own money into political campaigns.”
Read plenty more at DumpBachmann:
http://dumpbachmann.blogspot.com/2010/07/charitable-veterans-group-founded-by.html