CREEP Raises $20 Million in Unreported Cash, Launders It through Foreign Banks

President Nixon’s personal lawyer, Herbert Kalmbach, delivers over $900,000 in secret campaign contributions to the Committee to Re-elect the President (CREEP). He has collected the money on Nixon’s orders, passing along Nixon’s instructions to donors, one of which is “Anybody who wants to be an ambassador must give at least $250,000.” In total, CREEP collects nearly $20 million, $2 million in cash. CREEP reports none of this money—and because the new campaign finance laws do not go into effect until April 7, the organization is not legally bound to declare it until that time. Some of the contributors are executives and corporations in trouble with the IRS or the Justice Department. Some are Democrats openly contributing to Democratic candidates and hedging their bets with contributions to Nixon and other Republicans. Much of the money is “laundered” through Mexican and Venezuelan banks. “Plumber” G. Gordon Liddy moves $114,000 through fellow “Plumber” Bernard Barker’s Miami bank accounts (see April-June 1972 and June 21, 1972). More money resides in safety deposit boxes in New York, Los Angeles, Washington, and Miami. “Plumber” E. Howard Hunt uses money from the campaign fund to recruit dozens of young men and women to spy on Democratic campaigns and report back to CREEP. [Reeves, 2001, pp. 462-463]