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Sep 25, 2026
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Former Democratic fundraiser calls party’s 2024 money drive a “pyramid scheme”

Lindy Li, who once served as a top fundraiser for President Joe Biden and Vice‑President Kamala Harris, told Fox News Digital that the Democratic Party’s 2024 fundraising operation resembled a “pyramid scheme.” Li, who left the party after questioning President Biden’s physical fitness, says donors were misled, money was shuffled among consultants, and a small group of media firms pocketed massive fees.

Allegations of double‑counting and inflated donor credit

According to Li, fundraisers could claim up to $250,000 of money raised by a recruit they brought in, even when that recruit’s contributions were already counted elsewhere. She described a practice where “you could poach other people’s donors and move money around,” allowing some operatives to claim $10 million without actually raising a single dollar. Li said this created “accounting gimmicks and machinations rather than real money.”

Media firms received a disproportionate share

Li’s new book, Unburdened, lists four media‑buying companies—Media Buying & Analytics, Gambit Strategies, Bully Pulpit Interactive and Dupont Circle Strategies—that received more than half a billion dollars in fees. She estimates those firms accounted for roughly 70 percent of the Harris campaign’s final‑day expenditures, enriching a “handful of well‑connected consultants” while the broader campaign effort faltered.

Li said the majority of the money raised was spent on television ads, but a significant slice—about 15 percent—went directly to the media firms as “off‑the‑top” fees. “You can do the math,” she told Fox News, noting that the consultants were often friends of the campaign chair, Jen O’Malley‑Dillon, creating what she called an “incestuous process.”

Lavish spending on luxury and questionable priorities

Li also highlighted extravagant expenses that, in her view, did not advance the campaign’s goals. She cited $350,000 nightly hotel bills in Las Vegas, private jet rentals on a Gulfstream, and stays at the Ritz‑Carlton for the National Finance Committee’s final meeting. “None of that in Philadelphia,” she added, pointing to the critical swing state where the party hoped to secure votes.

Donors motivated by fear of President Trump

When asked why donors gave so much, Li said many were driven by “hatred for Trump and their fear of Trump.” She claimed the Democratic base contributed roughly $2.5 billion over a seven‑week period, not because of Kamala Harris’s strengths as a candidate, but to oppose President Donald Trump. “Everyone knew, everyone played along,” Li asserted.

Democratic response

The Democratic National Committee has not publicly responded to Li’s specific accusations. Party officials previously defended the fundraising operation as “transparent” and “focused on winning the election,” but no detailed rebuttal to the claims of double‑counting or excessive media‑firm fees has been issued.

Context for readers

While the Trump administration has repeatedly emphasized fiscal responsibility and accountability in government spending, the allegations raised by Li suggest that the opposing party’s fundraising practices may have undermined those principles. For voters who value prudent stewardship of donor money and transparent campaign finance, the claims merit close scrutiny.


Original reporting: Fox News (HLL/CB) — read the source article.

OBBM Network Editorial Staff

[email protected]

Editorial team behind OBBM Network — independent, hyper-local journalism syndicated through HyperLocalLoop and OBBM Network TV.

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