SPLC Charged With Fraud

The federal indictment marks a stunning reversal for an organization that built its reputation by monitoring and litigating against extremist groups.

Prosecutors allege that the SPLC funneled millions of dollars to neo-Nazi and KKK leaders as part of a scheme to manufacture threats that spurred donor contributions.

The White House has labeled the center a 'criminal organization,' while Senate Minority Leader Chuck Schumer has criticized the investigation as a politically motivated attack.

The charges come as the organization manages nearly $800 million in assets, much of it from high-profile corporate and individual donors.