Southern Poverty Law Center logo (Wikimedia Commons), White nationalists at the “Unite the Right” rally Aug., 12, 2017, in Charlottesville, Va. (Chip Somodevilla/Getty Images) The Southern Poverty Law Center, which claims to “dismantle white supremacy,” saw its offshore assets balloon by as much as 430 percent over the decade it allegedly defrauded donors by funneling millions to the Ku Klux Klan and other white supremacist organizations, our Andrew Kerr and Chuck Ross report. A federal grand jury on Tuesday indicted the SPLC—a self-described “catalyst for racial justice”—for wire fraud, false statements to banks, and conspiracy to commit money laundering after it allegedly sent more than $3 million between 2014 and 2023 to members of the KKK, Aryan Nations, the National Alliance, and other “violent extremist” groups, purportedly as part of FBI-style undercover investigations that went nowhere. The SPLC was able to make those payments thanks in part to assets parked in offshore accounts. Those assets skyrocketed over that decade to a staggering $233 million in non-U.S. equity holdings in the fiscal year ending in October 2021, up from $44 million in non-U.S. equity holdings in 2013. That money appears to be parked in the Caribbean. The SPLC—which controlled more than $800 million in assets at the end of 2024—reported owning accounts in the Cayman Islands and disclosed making a combined $57 million in “investments” in Central America and the Caribbean in its two most recent tax filings. Though the SPLC was founded in 1971 as a civil rights law firm seeking damages for KKK victims, its scope expanded over the years to include issues like immigration enforcement and gender ideology. Kerr and Ross write: “Every year since 1990, the SPLC has published a ‘hate map’ that is meant to identify groups that ‘attack or malign an entire class of people’ but often includes run-of-the-mill conservative organizations like parental rights groups Moms for Liberty and Parents Defending Education. As the SPLC’s left-wing advocacy grew, so did its financial holdings, prompting criticism from former employees like Bob Moser, who described the group in 2019 as a ‘highly profitable scam’ that was ‘ripping off donors.’” READ MORE: SPLC’s Offshore Assets Ballooned as Embattled Left-Wing Darling Secretly Funded KKK and Other ‘Violent Extremist Groups’—and Reported Owning Accounts in the Cayman Islands