Fired conspiracy theorist lawyer Sidney Powell starts 'legal defense' ...

The conspiracy theory-obsessed lawyer who claimed that Donald was cheated out of the election by a Communist plot, is cashing in with a fundraising vehicle that's supposed to be for organizations like volunteer fire companies.

Sidney Powell, whose outlandish theory earned a rebuke from the President, has founded a 'legal defense fund' under the Internal Revenue Service category 501(c)(4).

The IRS says that 501(c)(4) should normally apply to 'social welfare organizations' and community groups like homeowners associations.

It can be used for lobbying activities but the deductions are not tax deductible like those for nonprofits.

The website for The Legal Defense fund says that 'millions of dollars must be raised to defend the Republic as these lawsuits continue to be filed to ensure victory' for , even though he has now essentially admitted defeat to Joe Biden by allowing the transition to go ahead. 

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Powell surfaced Tuesday night on Fox Business Network's Lou Dobbs show to claim she would file a lawsuit with 'lots of exhibits' on Wednesday alleging in fraud Georgia's voting machines and 'foreign intrusion' in the U.S. election. 

'The evidence is so overwhelming, it's almost as though they were so blatant about it they expected us to catch it,' she told Dobbs.

She was described as a 'member of President 's legal team' which is false after they cut ties with her on Sunday.

'Sidney Powell is practicing law on her own. She is not a member of the legal team. She is also not a lawyer for the president in his personal capacity,” Rudy Giuliani and attorney Jenna Ellis, said in a statement.

During the day she tweeted a demand that fire his current advisers and hold a rally in every disputed state.

Sidney Powell has founded a 'legal defense fund' to cash in on her new-found fame, DailyMail.com can reveal. She's seen speaking next to former Mayor of New York Rudy Giuliani, as members of President Donald Trump's legal team, during a news conference at the Republican National Committee headquarters, Thursday November 19, 2020

Sidney Powell has founded a 'legal defense fund' to cash in on her new-found fame, DailyMail.com can reveal. She's seen speaking next to former Mayor of New York Rudy Giuliani, as members of President Donald 's legal team, during a news conference at the Republican National Committee headquarters, Thursday November 19, 2020

The website for the Legal Defense Fund appears to have been set up on November 11, a day after she appeared on the Lou Dobbs show on Fox. The IRS says that 501(c)(4) should normally apply to 'social welfare organizations' and community groups like homeowners associations

The website for the Legal Defense Fund appears to have been set up on November 11, a day after she appeared on the Lou Dobbs show on Fox. The IRS says that 501(c)(4) should normally apply to 'social welfare organizations' and community groups like homeowners associations

DailyMail.com can also reveal that despite Powell's staunch support for the President, she was feted by the elite after being the executive producer of a film about a geneticist who discovered the breast cancer gene.

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In 2013 she walked the red carpet at the Seattle International Film festival for the movie Decoding Annie Parker, which starred Helen Hunt, Samantha Morton and Aaron Paul - and won a clutch of awards.

Powell was the executive producer of the 2013 film Decoding Annie Parking about a geneticist who discovered the breast cancer gene, starring Helen Hunt

Powell was the executive producer of the 2013 film Decoding Annie Parking about a geneticist who discovered the breast cancer gene, starring Helen Hunt

Powell came to national attention last week with a press conference where she claimed that Venezuela, China, Cuba, George Soros, and the Dominion Voting systems were all involved in a plot to throw the election to Biden.

The claim was a step too far even for the legal team which issued a statement saying that 'Sidney Powell is practicing law on her own' and not part of their efforts.

Powell's claims come after she spent years cultivating 's attention with regular appearances on Fox.

Her social media accounts are flooded with QAnon conspiracy theories and she had been on the President's radar since representing his disgraced former national security adviser Mike Flynn.

Now Powell, a 65-year-old mother of one who practices law in Dallas but is from Raleigh, North Carolina, appears to be trying to monetize her infamy.

The website for the Legal Defense Fund appears to have been set up on November 11, a day after she appeared on the Lou Dobbs show on Fox.

Originally it stated that '$500,000 must be raised

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