May 18, 2022

Fake "charity" BLM finally files required financial disclosure forms: No charity, all scam to benefit the founders

Yesterday the notorioust fake charity called the "Black Lives Matter Global Network Foundation" finally filed required disclosure forms for last year.  

As everyone with a functioning brain already expected, those forms showed that the only "charity" performed by this fake charity--which took in $90 million in donations in 2020 alone--was to buy a $6-million Hollywood mansion for the use of self-proclaimed Marxist Patrice Cullors and her band of scammers, and another 4 pricey homes for Patrice herself ($3.2 million), and million-dollar "expenses" paid to her brother and baby-daddy.

Oh, they did do one more thing that we didn't previously know: the disclosure forms show they invested $32 million in the stock market.  Nice.

Say, I wonder what name all those stocks are registered under, eh?  Could it be Patrice Cullors--who was the SOLE voting member of the fake charity's "board of directors"?

So as of June of last year the "foundation" reported that it had $42 million in net assets.  So where did all the rest of the money go, eh?

At Cullors's direction, her fake charity paid $970,000 to a company owned by Damon Turner, who has a child with Cullors; more than $840,000 to a security firm run by Cullors's brother (who had no experience in the security business); and more than $2.1 million to a consulting firm owned by close Cullors associate Shalomyah Bowers.

Cullors admitted the "foundation" employed her mother and sister as well as her brother.

Earlier this year Cullors said just hearing that her scam would be required to submit the same disclosure form as all genuine charities and nonprofits was "triggering." She said the form is "being literally weaponized against us" and made her feel "deeply unsafe."

Notice how cunning that is:  Dis po' oppressed person of color bees "triggered" by havin' to obey duh same laws dat ebryone else in duh charity biz has to obey.  Dat raaaacis!

The disclosure, which covers the time from July 1, 2020, to June 30, 2021, lists Cullors as the board's sole voting director and notes that she held no board meetings. Cullors resigned last year amid criticisms of her massive spending sprees, including her purchase of four homes for $3.2 million.  But she's kept all the properties purchased with donations from liberal suckers.

In a nation where moral, ethical behavior was prized, when grotesquely brazen scam artists like Cullors are revealed to be exactly that, the entire nation would see the scammer for what she and they are, and there would be at least some degree of anger, and a push for prosecution.

But of course our current rulers are just as corrupt: Hunter Biden being paid a million dollars a year by a foreign company to buy influence; paid $3.5 million by the wife of the former mayor of Moscow; given a huge equity stake in a $1.5 BILLION Chinese investment company--all with ten percent going to "the big guy."

The corruption is so vast that one of the two political parties can even steal a presidential election with total impunity.

So you can bet that Cullors won't be charged with any wrongdoing.  The fake charity may agree to pay some trivial fine to settle all claims by the government--but you'll never know the terms.  All records will be sealed, by order of a corrupt liberal judge.

The important thing is that "wokie" corporate CEOs who gave millions to Cullors' scam got to demonstrate their great virtue.  And after all, isn't that's what's really important?

Source.

https://freebeacon.com/democrats/this-is-why-black-lives-matter-thinks-tax-disclosures-are-triggering/

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