Read old threads here on CI where the old and new code says "donations for a specific purpose must be used for that purpose" yet money raised for a new church was taken from the parishoners, the church was closed and the money used for another church miles away where the parishoners couldn't reach it. Also a fully paid for church was signed over to the society who mortgaged it to the hilt and are now going to close it (sell it) and the parishoners will have to go to the indult.
There are several examples of when the code on donations wasn't adhered to.
Yes, the SSPX have engaged in this thievery for a long time. So the Cleveland-area chapel had raised several hundred thousand dollars about 15 years ago now, since they had been operating out of basically a gutted out house. At at some point that money evaporated, and then 5 years later, after another priest transfer, they had to start raising money all over again. They should have had their church paid for LONG AGO, and in fact could have paid for it almost completely with what things cost 15 years ago. SSPX will take money that the faithful donate to specific things, like building funds, for a church at their location, and shuffle it off to service the absurd debt at the seminary or even at St. Mary's. I supposed their reasoning is that the individual chapels benefit from the seminary, but, as you point out, that's contrary to Canon Law ... nor would anyone have consented to that $50-million and counting monstrosity in Virginia (that has one of the lamest chapels I've seen for a 50-million-dollar complex), when Winona was perfectly fine and $1 million could have easily solved the artificially-created overcrowding problem. See, they were only overcrowded when they added the separate Humanities year, and if you take those folks out of the mix, there's no overcrowding. But even then, there was a ton of land up there and they could easily have just built another wing onto the building or put up another building for house an extra 20-30 people for about a million dollars, not 50 million.
Now, if I were building a seminary, THE focal point of the entire complex, its heart, would be the church/chapel, but the one they have there is absolutely lame, almost an after-thought, an add-on, to their living quarters and refectory, which evidently took top priority.