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BLM's millions unaccounted for after leaders quietly jumped ship


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Washington Examiner

No one appears to have been in charge at Black Lives Matter for months. The address it lists on tax forms is wrong, and the charity's two board members won't say who controls its $60 million bankroll, a Washington Examiner investigation has found.

BLM's shocking lack of transparency surrounding its finances and operations raises major legal and ethical red flags, multiple charity experts told the Washington Examiner.

 

"Like a giant ghost ship full of treasure drifting in the night with no captain, no discernible crew, and no clear direction," CharityWatch Executive Director Laurie Styron said of BLM.

 

BLM co-founder Patrisse Cullors appointed two activists to serve as the group's senior directors following her resignation in May amid scrutiny over her personal finances. But both quietly announced in September that they never took the jobs due to disagreements with BLM. They told the Washington Examiner they don't know who now leads the nation's most influential social justice organization.

Paul Kamenar, counsel for conservative watchdog group the National Legal and Policy Center, said a full audit and investigation into Black Lives Matter Global Network Foundation, the legal entity that represents the national BLM movement, is warranted.

"This is grossly irregular and improper for a nonprofit with $60 million in its coffers," Kamenar said.:snip:

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  • 2 weeks later...

Where Is the BLM $60 Million?

After leaving his victims with shattered dreams and millions in collective financial losses, the legendary con artist Charles Ponzi observed with casual cruelty, “Even if they never got anything for it, it was cheap at that price.”

There is something of that same unrepentant sentiment in the selective silence of previously voluble woke corporate boards and national media pundits. Their unwillingness to demand accountability and transparency of Black Lives Matter Global Network Foundation, a $90 million organization that publicly promised social justice to its millions of small donors and corporate benefactors – including Facebook, Google and Twitter – after George Floyd’s death, makes them aiders and abettors to BLMGNF’s questionable leadership and violations of law.

On January 5, Washington State Attorney General Robert Ferguson issued a “Closure Notice” demanding that BLM “immediately cease” all fundraising activities, because it had failed to file its annual financial disclosure report for tax year 2020, due last November. California Attorney General Rob Bonta followed suit a few weeks later and threatened to hold individual leaders personally liable for late fees. Despite these clear directives, BLMGNF continued fundraising until reports last week exposed their flagrant violations.

According to those reports, the group’s charity registration is also out of compliance in Connecticut, Maine, Maryland, New Jersey, New Mexico, North Carolina and Virginia.

Indiana Attorney General Todd Rokita says BLM’s refusal to answer basic questions about its finances and operations raises serious, even fundamental, questions about its mission, purpose and ultimate legitimacy.:snip:

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BLM activist named 'Bostonian of the year' whose nonprofit raised $1M is charged with squandering much of it on rent arrears, $1,200 hotel stay and meals at Bubba Gump Shrimp Co. and Shake Shack after being arrested at her $450,000 home

  • Monica Cannon-Grant, 41, and her husband Clark Grant, 38, of Taunton, used Violence in Boston Inc. funds to pay for personal expenses
  • Those included outings at Shake Shack, Bubba Gump Shrimp Company and other restaurants, while they also booked a vacation to Maryland
  • They also fraudulently applied for federal Pandemic Unemployment Assistance, while having other sources of income and lied about their mortgage
  • Both were charged in an 18-count indictment with wire fraud, conspiracy, and making false statements to a mortgage lending business
  • On Tuesday, Cannon-Grant appeared in a Boston federal court for her indictment
  • Both have made more than $100,000 in pandemic-related unemployment benefits, while Cannon-Grant also made $33,426 in 'diversity' consulting fees
  • Cannon-Grant's activism has previously earned her numerous accolades, such as Boston Globe Magazine's Bostonian of the Year award in 2020:snip:
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