Swift Vets and POWs for Truth, formerly known as the Swift Boat Veterans for Truth (SBVT), was a political group (527 group) of United States Swift boat veterans and former prisoners of war of the Vietnam War, formed during the 2004 presidential election campaign for the purpose of opposing John Kerry's candidacy for the presidency. The campaign inspired the widely used political pejorative "swiftboating", to describe an unfair or untrue political attack. The group disbanded and ceased operations on May 31, 2008. SBVT asserted that Kerry was "unfit to serve" as president based upon his alleged "willful distortion of the conduct" of American servicemen during that war, and his alleged "withholding and/or distortion of material facts" as to his own conduct during that war. SBVT stated that "Kerry's phony war crimes charges, his exaggerated claims about his own service in Vietnam, and his deliberate misrepresentation of the nature and effectiveness of Swift boat operations compel us to step forward." The group challenged the legitimacy of each of the combat medals awarded to Kerry by the U.S. Navy and the disposition of his discharge. (See John Kerry military service controversy.) Further, SBVT said that Kerry's later criticism of the war was a "betrayal of trust" with other soldiers, and that by his activism he had caused direct "harm" to soldiers still at war. These claims caused tremendous controversy during the election, particularly because the organization's members had not been in a place to assess Kerry, while the Vietnam veterans who had served under him supported Kerry's version of events. Registered under Section 527 of the Internal Revenue Code, SBVT publicized its criticisms of Kerry during the election campaign in a book, in television advertisements that the group ran in swing states and in the media coverage some members received. The group was the subject of several complaints to the Federal Election Commission (FEC). After the election, the group was credited by media and praised by conservatives as contributing to Kerry's defeat. The group's tactics are considered an example of a successful political smear campaign for its widely publicized and later discredited claims. Membership SBVT was formed in 2004. Membership was initially limited to veterans of the Vietnam War who at some point served in a Swift boat unit, as did Kerry. Of the 3,500 Swift boat sailors who served in Vietnam, the names of some 250 appeared on the group's statement