Will Sommer reports at The Daily Beast:
Bumbling conservative provocateur Jacob Wohl pitched investors this spring on a scheme to use fraudulent news stories to manipulate political betting markets, according to a fundraising document obtained by The Daily Beast.
The document indicates that Wohl attempted to raise $1 million to fund the Arlington Center for Political Intelligence, which he claimed would “make shit up” to profit from bets on political races and would suppress Democratic turnout in 2020.
“Backers will use ACPI’s insights in order to place profitable bets on political outcomes,” the pitch reads, adding that the group would also place bets themselves to guarantee a source of revenue.
Hit the link for much more on how the scam was supposed to work. Wohl and his co-conspirator Jack Burkman continue to claim that Mayor Pete’s accuser first came to them.
I am appalled by the lies now being told in the national media. Hunter Kelly s claims of “coercion” are absurd. He spent a pleasant day with our firm. I believe his story. Someone or something got to him and persuaded him to back down. Sad
— Jack Burkman (@Jack_Burkman) April 30, 2019
This slander and defamation of me and my firm must stop. I believe that my former clients story is true. Someone or something got to him and persuaded him to back down.
Sad— Jack Burkman (@Jack_Burkman) April 30, 2019
I want to address the slander and defamation about our firm. The idea of coercion is absurd. On Monday, we took Hunter to a Starbucks, played with our dogs, and later took Hunter for a haircut at a nearby salon. Today, we asked salon & starbucks to pull security video footage.
— Jack Burkman (@Jack_Burkman) April 30, 2019
Tonight I throw down the gauntlet to our friends at The Daily Beast:
release the tape or back down from your reporting. It s time to come out of the closet, step into the sunlight and stop waging guerilla war.— Jack Burkman (@Jack_Burkman) May 1, 2019