❓WHAT HAPPENED: President Donald J. Trump announced potential federal charges against billionaire plutocrat and far-left financier George Soros, suggesting a Racketeer Influenced and Corrupt Organizations (RICO) Act case.
👤WHO WAS INVOLVED: President Trump, George Soros, and Trump administration officials.
📍WHEN & WHERE: Trump’s remarks were made on Friday, September 12, 2025.
💬KEY QUOTE: “We’re going to look into Soros because I think it’s a RICO case against him and other people, because this is more than protests. This is real agitation; this is riots on the street—and we’re going to look into that.” — President Trump
🎯IMPACT: The President’s remarks signal a possible federal crackdown on far-left organizations like Antifa and their financial backers.
President Donald J. Trump signalled his administration may soon begin investigations into far-left organizations like Antifa and their financial backers, including infamous Hungarian billionaire George Soros and his son Alex. Speaking during a television interview on Friday, President Trump stated, “We’re going to look into Soros because I think it’s a RICO case against him and other people because this is more than protests. This is real agitation; this is riots on the street—and we’re going to look into that.”
Trump’s comments follow previous suggestions of charging the Soros family under the Racketeer Influenced and Corrupt Organizations (RICO) Act, particularly for alleged involvement in funding violent opposition to federal immigration enforcement actions and National Guard deployments assisting in crime crackdowns.
.@POTUS: “We’re going to look into Soros because I think it’s a RICO case against him and other people because this is more than protests. This is real agitation; this is riots on the street — and we’re going to look into that.” pic.twitter.com/zwUr03G5DA
— Rapid Response 47 (@RapidResponse47) September 12, 2025
Soros’s Open Society Foundation (OSF) responded by denying any support for violent protests, calling the prosecution threats “outrageous.” The foundation claims it has consistently maintained a stance against violence.
This is not the first time President Trump has singled out George and Alex Soros as possible subjects of a RICO investigation. In an August post on Truth Social, Trump wrote: “George Soros, and his Wonderful Radical Left son, should be charged with RICO because of their support of Violent Protests, and much more, all throughout the United States of America. We’re not going to allow these lunatics to rip apart America any more, never giving it so much as a chance to ‘BREATHE,’ and be FREE.”
According to the Department of Justice (DOJ), the federal RICO statute—established in 1970—aims to eliminate organized crime’s infiltration into legitimate organizations. It is broad enough to address illegal activities impacting interstate or foreign commerce. Notably, Soros’s Open Society Foundations have financially supported groups involved in contentious protests and rallies, including one advocating for an accused MS-13 gang member.
Soros’s network has provided millions in funding to organizations such as CASA and Human Rights First, which have been involved in pro-illegal immigrant advocacy and lawsuits against Trump administration policies. Open Society Foundations also allegedly funneled significant funds to groups linked to anti-Israel protests, including those justifying Hamas’s October 7, 2023, terror attacks on Israel.
Soros’s foundations have reportedly funneled over $15 million to groups behind anti-Israel protests since 2016, including $13.7 million through the Tides Center.
Image by IMF Staff Photographer/Michael Spilotro.
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