The real question is: if it's true, what do you think those who tried learned from it? Did they find a way to achieve their goal without any outright observable changes from the public's perspective?
Nobody went to jail, the united states is primarily run by business interests since the 80s, and facism is alive and well in the states. It sounds to me like they got exactly what they wanted, just had to be patient.
And earlier, but then it was Britain being run by business interests, and the main reason for the US becoming independent was conflict between local and remote business interests. (Particularly, North American interests and regulation serving the East India Company.)
