A link appears to have just been discovered between leftist billionaire George Soros and far-left New York City mayoral candidate Zohran Mamdani. 

It now appears that Soros may have used significant money to facilitate Mamdani's political career.

This is according to a report from a watchdog website called White Collar Fraud.

Explosive report claims a network of charities connected to George Soros funneled $40M to support Zohran Mamdani's political rise in tax dodging scheme https://t.co/H7sjJ6E2FB

— Daily Mail (@DailyMail) October 31, 2025

The allegations

The watchdog group is certainly not bashful about its findings.

It boldly writes:

When six organizations receiving $40.9 million from George Soros networks all endorse the same candidate for NYC mayor—Zohran Mamdani—all deploy thousands of volunteers in ground operations presented as independent grassroots mobilization, all conceal their coordination on federal tax forms while admitting it publicly, it proves systematic coordination designed to manipulate an election while hiding the truth from voters.

The group goes on to summarize "the most damning evidence" that it has found.

It reports:

The most damning evidence comes from the organizations’ own admissions. Working Families Party’s November 9, 2022 memo openly admits “coordinating” Independent Expenditures—political activities that by law must be independent and cannot be coordinated. Then there’s Movement Voter Project’s June 25, 2025 report explicitly identifying Make the Road Action and Working Families Party as collaborative “MVP partners” working “in partnership with” each other.

The group likens all of this to "sophisticated criminal enterprises."

Background

The administration of President Donald Trump is reportedly looking in Soros.

Newsmax reported:

President Donald Trump . . . said his administration would investigate billionaire George Soros and members of his family for potential racketeering charges related to protests linked to unrest across the country. "We're going to look into Soros," Trump said on "Fox & Friends," "because I think it's a RICO case against him and other people."

It is unclear what progress, if any, has been made in this investigation.

The Daily Mail recently reported:

Room 2501 of the Internal Revenue Service's imposing headquarters on Constitution Avenue is to become the nerve center of Donald Trump's new effort to investigate liberal funding groups. It is home base for the IRS criminal investigation unit, known as IRS-CI, and its members are not ordinary tax agents. They carry guns and their predecessors succeeded where all other law enforcement agents failed - by taking down notorious mobster Al Capone over his finances.

The report from the watchdog group about the potential Mamdani-Soros link comes as Mamdani remains the favorite to become New York City's next mayor.