A two-year investigation into Rep. Alexandria Ocasio-Cortez, D-N.Y., found the socialist leader failed to properly disclose her campaign expenses — but she won’t face any punishment.

A conservative group accused Ocasio-Cortez of improperly masking political spending during her freshman 2018 campaign. Ocasio-Cortez has been a vocal critic of untraceable money in politics, and the scandal provoked uproar from conservative media organizations.

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The conservative National Legal and Policy Center argued in their 2018 complaint to the Federal Election Commission that Ocasio-Cortez and her allies “orchestrated an extensive off-the-books operation.” They requested an investigation, charging that political groups tied to Ocasio-Cortez and her advisers improperly obscured how money that they raised was spent.

A Federal Election Commission probe concluded last month that they were correct. The far-left political action committees Justice Democrats and Brand New Congress “did not properly disclose the purpose of the disbursements” to shell companies set up on behalf of Ocasio-Cortez’ campaign by her chief of staff in 2018.

Despite the conclusion, the FEC’s six-member panel decided to dismiss the complaint against the Ocasio-Cortez campaign, records released Thursday showed.

Ocasio-Cortez’s current chief of staff Saikat Chakrabarti helped found two groups, Justice Democrats and Brand New Congress, that aimed to elect progressive candidates to office. Ocasio-Cortez is also listed as a “governor” of Justice Democrats in a business filing.

Records show that in 2016 and 2017 political action committees operated by the groups paid over $1 million to a company that Chakrabarti also ran, which was called Brand New Congress LLC.

Limited liability companies are a tool often used in politics to obscure the flow of money.

Ordinarily, individual campaign expenses are reported to the FEC. But by routing the money instead to Chakrabarti’s company, Ocasio-Cortez’ campaign was able to label it as a “strategic consulting” expense to try and fulfill the FEC’s disclosure requirements. Chakrabarti’s company could then spend the money as it wanted without being obligated to report where it went.

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Ocasio-Cortez herself has often complained about a lack of transparency in how political money is raised and spent. While the improper use of LLCs is not uncommon, reformers say it is a great cause for concern.

For example, an operator of a so-called “scam PAC” could use an LLC to obscure paying themselves money that donors intended to be used for political activity.

The National Legal and Policy Center blasted the decision not to punish Ocasio-Cortez’ improper campaign financing scheme.

“The FEC has gone after a whole host of people whose violations are dwarfed by the scale of this scheme,” said Paul Kamenar, NLPC counsel, told The New York Post. “It appears to be not prosecutorial discretion, but prosecutorial favoritism.”

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The Horn News editorial team and the Associated Press contributed to this article