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Project Veritas Fires Back at James O’Keefe: Claims He misappropriated donor funds and ignored attempts to work with the board to come to a solution
Red State ^ | 02/21/2023 | Jeff Charles

Posted on 02/21/2023 7:53:36 PM PST by SeekAndFind

Unless you have been taking a social media sabbatical, you probably already know about the row between Project Veritas founder James O’Keefe and the organization’s board of directors. After putting O’Keefe on suspension earlier in February, he finally decided to step down as CEO after behind-the-scenes drama came out into the open.

A video showing O’Keefe reading his resignation letter in front of the organization went viral on social media. “Our mission continues on,” he said. “I’m not done. The mission will perhaps take a new name.”

O’Keefe intimated that members of the board plotted his ouster behind his back, approaching Project Veritas employees to gather negative information to use against him. Indeed, the former CEO presented a text message exchange between a board member and a journalist where the board member offered a raise if the company jettisoned O’Keefe.

Now, the company is striking back, accusing O’Keefe of having misappropriated donor funds and ignored attempts to work with the board to come to a solution. In a post on its website, Project Veritas claimed the board “made numerous attempts in the last 14 days to have a conversation” with O’Keefe, but “he ignored our outreach and decided to instead leak private information to others.”

The company claims it wished to discuss its “long-term sustainability based on staff retention and morale” and also “the company’s financial health.”

Then, the organization dropped its bomb in the form of an accusation that O’Keefe spent donor funds for personal use:

Although PV Leadership has not concluded looking into the full scale of financial issues over the years, a preliminary review at this time indicates that James has spent an excessive amount of donor funds in the last three years on personal luxuries. More is still being uncovered during the ongoing review at this time. Contrary to many reports from today, James was suspended indefinitely pending the resolution of a fulsome investigation and clarity which will need to be provided by a third-party investigative audit report.

So, what exactly counts as “excessive” when it comes to donor funds? The organization listed:

-$14,000 on a charter flight to meet someone to fix his boat under the guise of meeting with a donor

-$60,000 in losses by putting together dance events such as Project Veritas Experience

-Over $150,000 in Black Cars in the last 18 months

-Thousands of dollars spent on DJ and other equipment for personal use

-Hundreds of other acts of personal inurement

The board also insisted that O’Keefe left them “no choice” but to suspend him “when he unilaterally fired the CFO, who can only be fired with Board approval,” which constitutes “a violation of our non-profit’s bylaws.”

On the website, the board insisted that it “cares about the donors of this organization” and that they could not “allow for our donors to send us money and have it be misappropriated in such a way.”

Looking at the board’s list of misappropriation grievances, it seems to me that there is only one item that seems problematic: The alleged $14,000 for a charter flight. If O’Keefe did use donor funds to meet with someone to fix his boat, that’s an issue. But We have not yet heard his side of the story, and the fact that the board clearly used underhanded methods to oust him makes it hard to trust their contentions.

However, the other expenses do not seem to be as big a deal as the board would have us believe. Indeed, conservative influencer Mike Cernovich addressed this part perfectly in a series of tweets:

The Project Veritas Board has back channeled talking points claiming James Okeefe was missing donor funds. What a clown show. Why not ask the donors if they care that James took too many Uber black cars? This is the latest desperate effort to shape the narrative.

— Cernovich (@Cernovich) February 20, 2023

The Project Veritas Board has back channeled talking points claiming James Okeefe was missing donor funds. What a clown show. Why not ask the donors if they care that James took too many Uber black cars? This is the latest desperate effort to shape the narrative.

— Cernovich (@Cernovich) February 20, 2023

If James O’Keefe took too many Uber black rides, then the PV Board would say he used donor funds for personal use, treat the rides as a taxable benefit as part of his salary and compensation, and then James would owe income taxes. This statement is the end of Project Veritas.

— Cernovich (@Cernovich) February 21, 2023

Project Veritas’ social media following has been cascading into nothingness at a rapid rate ever since it decided to get rid of O’Keefe. After the former CEO’s resignation, the company’s numbers dropped even further.

Nice


pic.twitter.com/flbwWOfaX9

— Edgar Lazo (@mind_centered) February 21, 2023

At this point, it seems safe to say that, barring any revelation of actual malfeasance on O’Keefe’s part, the organization is dead in the water.



TOPICS: Society
KEYWORDS: jamesokeefe; packoflies; projectirritas; projectpferitas; projectveritas
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To: The Duke
Great, now O’Keefe will be free to take a post on Trump’s next cabinet.

He can replace both the Kushners.

41 posted on 02/22/2023 6:41:31 AM PST by Albion Wilde ("There is no good government at all & none possible."--Mark Twain)
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To: Albion Wilde

“He can replace both the Kushners.”

I don’t think he will bring them back.


42 posted on 02/22/2023 6:46:37 AM PST by dljordan
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To: The Duke

And they can visit cities all over the country in colorful carts, painted with circus colors. But keep your children in the home when the cabinet carnival is in town.


43 posted on 02/22/2023 6:47:00 AM PST by Vermont Lt
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To: MayflowerMadam
I don’t get the black car thing. People aren’t allowed to have black cars?

It's an L.A. kind of thing. A "black car" is not as long as a limousine, but it's not a consumer sedan, either. It's a luxury car such as a Lexus with a chauffeur-uniformed driver. By tradition it's black like a London cab, and payments are prearranged via credit card--no taxi meter. When a movie star or executive wants to have you picked up at the airport or send you to your next destination, their "people" don't say "I'll call you a cab" or "I'll order you an Uber," they say, "I'll send a car for you."

You see a lot of them around DC approaching the White House, Embassy parties or the Correspondents' Dinner—lines of black cars with celebrities inside, or members of Congress. But I repeat myself.

44 posted on 02/22/2023 6:56:45 AM PST by Albion Wilde ("There is no good government at all & none possible."--Mark Twain)
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To: MayflowerMadam
I don’t get the black car thing. People aren’t allowed to have black cars? (I think that might be racist, but am not sure.)

Black cars look better in the shade.

45 posted on 02/22/2023 6:59:32 AM PST by dfwgator (Endut! Hoch Hech!)
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To: Albion Wilde

I guess we were black-car people when we lived in Simi Valley. Sometimes we were in a hurry to get to the airport and didn’t have time for the shuttle to make several stops for other people. We just asked for an “exclusive”. A BLACK CAR showed up. I had no idea we were elite - LOL!


46 posted on 02/22/2023 7:01:17 AM PST by MayflowerMadam (Stupid is supposed to hurt.)
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To: Albion Wilde
their "people" don't say "I'll call you a cab" or "I'll order you an Uber," they say, "I'll send a car for you."

It's called a car service, many corporations have them.

47 posted on 02/22/2023 7:03:36 AM PST by 1Old Pro
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To: SeekAndFind

This is what corporate suicide looks like.


48 posted on 02/22/2023 8:27:19 AM PST by Georgia Girl 2 (The only purpose of a pistol is to fight your way back to the rifle you should never have dropped)
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To: MayflowerMadam

Last time I was in a black car on business in L.A., the driver informed me that Toni Braxton had ridden in his car before me. Not my taste in music, but I acknowledge her accomplishments. Meantime, I was there for 24 hours on a client’s project with my backpack, like the poor relation. I died of embarassment when the driver picked up my backpack to put in the trunk.


49 posted on 02/22/2023 12:19:27 PM PST by Albion Wilde ("There is no good government at all & none possible."--Mark Twain)
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To: Albion Wilde

“I died of embarassment when the driver picked up my backpack to put in the trunk.”

Ha!! Embarrassing moments. About 30 years ago we came off a cruise and went directly to a hoity-toity resort in Boca Raton. The minute the car stopped a valet rushed out to grab Hubby’s golf bag before we could grab it.

For a week on the cruise, we had stuffed our dirty clothes in the golf bag. The closure opened, and EVERYTHING came pouring out, including unmentionables. Pretty embarrassing.


50 posted on 02/22/2023 12:39:45 PM PST by MayflowerMadam (Stupid is supposed to hurt.)
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To: MayflowerMadam
we had stuffed our dirty clothes in the golf bag. The closure opened, and EVERYTHING came pouring out, including unmentionables.

LOL! In that spirit, here is this:


51 posted on 02/22/2023 1:09:42 PM PST by Albion Wilde ("There is no good government at all & none possible."--Mark Twain)
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To: Albion Wilde

Genius!!


52 posted on 02/22/2023 1:20:08 PM PST by MayflowerMadam (Stupid is supposed to hurt.)
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To: KevinB

Then do my taxes. I double payed one year. I slapped myself on the head after.

Learned a lot. Was expensive.


53 posted on 02/22/2023 1:45:58 PM PST by LesbianThespianGymnasticMidget (I am a lesbian trapped in a man's body... gives me more rights. )
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To: Albion Wilde

Your post made me laugh out loud. Bravo.


54 posted on 02/22/2023 1:47:15 PM PST by LesbianThespianGymnasticMidget (I am a lesbian trapped in a man's body... gives me more rights. )
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To: LesbianThespianGymnasticMidget

I just swipe ‘em from the interwebs and post ‘em.


55 posted on 02/22/2023 3:06:13 PM PST by Albion Wilde ("There is no good government at all & none possible."--Mark Twain)
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To: 1Old Pro

As I’m well aware, thanks.


56 posted on 02/22/2023 3:08:08 PM PST by Albion Wilde ("There is no good government at all & none possible."--Mark Twain)
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To: LesbianThespianGymnasticMidget
Then do my taxes. I double payed one year. I slapped myself on the head after.

If you double paid, it wasn't because you had an LLC. It's because you had a Subchapter C corporation. I am a tax lawyer.

57 posted on 02/22/2023 3:45:16 PM PST by KevinB (Word for the day: "kakistocracy" - a society governed by its least suitable or competent citizens)
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To: Vermont Lt

I’m just a simple caveman lawyer, and your words are strange to me.


58 posted on 02/22/2023 4:42:09 PM PST by The Duke (Never Retreat, Never Surrender!)
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To: SeekAndFind
"Now, the company is striking back, accusing O’Keefe of having misappropriated donor funds and ignored attempts to work with the board to come to a solution."

🐂💨💩

59 posted on 02/22/2023 4:49:01 PM PST by Pajamajan ( PRAY FOR OUR NATION. Never be a peazceful slave in a\ new Socialist America)
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To: SeekAndFind

Really. O’Keefe brought in millions of dollars in donations each year, kept things rolling, etc. Spending some money on limo service and planes in order to best utilize his time seems a wise investment.

Consider the business he’s really in. Whistleblowers at that level take ENORMOUS risks, potentially their lives or freedom. They must have ABSOLUTE trust that the person they deal with won’t sell them out to the Deep State. They trust James. They WON’T trust this board of weasels.


60 posted on 02/22/2023 4:59:59 PM PST by SauronOfMordor (The rot of all principle begins with a single compromise.)
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