Not true at all. The liberal elite that funds fascist violence does not do so to become fascist themselves, but to remain a liberal elite when their power and privilege is threatened. By classifying all these liberal elites as "fascist," you are painting over the fundamental class divisions that separate the true working-class fascist from the true bourgeoisie liberal capitalist.

Are you sure you want to do that? Because if so, you will have to classify every liberal regime who funds instrumentalised fascist violence through the institution of police as "fascist..." and you might find yourself in very confusing territory because of that rather quickly.