Project Veritas in trouble after failing to raise funds to continue after firing of James O’Keefe

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Editor’s note: This story has been updated with comments from Project Veritas saying they intend to continue.

Project Veritas ended fundraising operations this week after 23 years, apparently lacking the funds to continue after it ousted its founder James O’Keefe in February. But it says it is going to try to stay open for business.

On Wednesday, Human Resources Director Jennifer Kiyak informed the staffers of layoffs.

“In the interest of preserving the possible future existence of Project Veritas we need to put operations on pause and, as communicated since the Spring, another Reduction in Force (‘RIF’) is necessary,” Kiyak wrote.

O’Keefe has gone on to start a new media group, O’Keefe Media Group, with the acronym OMG.

“Since James quit,” a source told Post Millennial, “the donations dried up…the donations never resumed. The board were desperate to bring Hannah on board because they thought it would be cute but the problem is she’s a charlatan and a fraud. Everything she’s ever done has been a failure and she lied to everyone claiming she had all these donors she could bring in.”

During 2022, Project Veritas conducted an undercover operation that exposed the ties between Sen. Lisa Murkowski’s campaign staff and the push to create open primaries and ranked choice voting in Alaska. It was a classic Project Veritas endeavor, getting people to tell the truth while they are being secretly filmed.

Project Veritas was known for such journalistic sting operations, starting out with secretly recording executives at Planned Parenthood, and going on to take down ACORN, a group that was providing election advice on how to commit fraud. It has also gone after NPR, CNN, and The Washington Post.

The group says on its website that it will soldier on:

“Due to various events and circumstances, we are making changes in the operations of our organization including laying off additional employees. Our hearts go out to our colleagues and their families as this difficult transition occurs, and we thank them for their dedication and hard work and hope for the best new opportunities for them,” wrote Hannah Giles, the current CEO.

“Project Veritas is continuing to operate, but we are pausing our fundraising efforts and proactively taking steps to honor our donors’ expectations and to preserve the trust the American people have placed in us. 

“We are sincerely grateful for everyone who supports us in fulfilling our mission. It is our sincere hope that Project Veritas can continue many more years of delivering truth for the American people,” she wrote.

16 COMMENTS

  1. James O’Keefe was Project Veritas. They were found out what happens when you turn on the hand that created and built you from the ground up.

  2. This was the plan all along. O’keefe just stood in the way of doing it sooner.
    I wonder when Fox will be closed down since it’s turned into an abomination baby of CNN and the National Enquirer.

  3. I guess James O Keefe he was its heart and soul of the organization. If others know an employee is one of its main pillars, it shouldn’t get rid of them.

  4. Like Must Read Alaska wouldn’t be the same without Suzanne Downing. Which can put this operation at risk slowly collapsing if she retires or God forbid she dies before it and the public readers are ready to say good-bye. See! This is why not smart of Leaders to not be Always be looking for those they can train starting with finding workers who have a servant attitude and a generous spirit to also realize this life too short and those trained by an earlier leader also must know how to look for the same qualities found in themselves to train the next generation. It’s always best a leader has a #1, #2, #3, #4. This life wasn’t meant for dynasties. We can’t live forever or control what we led forever.

  5. Look, we already knew that Lisa didn’t have a snowball’s prayer in hell to win a closed primary against Kelly Tshibaka and that’s what we told Lisa. If she wanted to keep her career in the Senate, she needed to team up with Scott Kendall and get the voters to pass RCV. AND become a Democrat. Nancy and I have lost so many of our Republican friends, that it really didn’t matter to us anymore if she compromised her RINO political ideology and went straight Democrat.
    She could keep the Murkowski Dynasty going with RCV. Nancy and I are very old, what difference does it make? At Lisa’s next election in 2028, we Murkowskis will have nearly 50 years running the state of Alaska, and have had so many Alaskans hooked on federal money, that real Republicans and Conservatives won’t even try to bump her out anymore. At least that’s our game plan. It worked against Joe Miller and Kelly Tshibaka.

    • I’ve had a great run married to the Princess. Haven’t had a job, or had to do any work in decades. My noodle stand was losing money. With all of those monstrous retirement checks that Frank receives from the state and federal government, life after the US Senate is going to be luxurious for me. And all I had to do was say…
      “I do.”

  6. As Scott Adams said in a recent podcast, paraphrased,
    “Election is upcoming, anti-establishment communicators must be taken off the chess board.”

    Tucker Carlson, James O Keefe, Alex Jones, Russell Brand, Steve Bannon, Dilbert-man himself.
    Quite similar to the social media influencer purges in the aftermath of Trump taking office.
    Big tech, our media overlords, and the ADL don’t want a 2016 repeat.

  7. They blew thru $6-9 million between the time they fired O’Keefe and last week when they shut down. Tough to continue operations when you cashier both your founder and his donors.

    They chose. Poorly. Cheers –

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