BLM Grifters Amassed $60 Million Bankroll, No Trace of Where the Money Went

Washington Examiner

The California Department of Justice has threatened to hold the leaders of Black Lives Matter personally liable if they fail to fork over information about the charity’s $60 million bankroll within the next 60 days, according to a letter obtained by the Washington Examiner.

The move came just days after a Washington Examiner investigation found that BLM has had no known leader in charge of its millions since its co-founder resigned in May and that the Los Angeles address it lists on its tax forms is wrong.

“The organization BLACK LIVES MATTER GLOBAL NETWORK FOUNDATION, INC. is delinquent with The Registry of Charitable Trusts for failing to submit required annual report(s),” reads the letter, dated Jan. 31.

BLM is also prohibited from “soliciting or disbursing charitable funds” in California until it submits its 2020 Form 990 and other financial records to the state, the California DOJ informed the charity Monday. The letter added that the Black Lives Matter Global Network Foundation, the legal entity that represents the national BLM movement, faces fines for “each month or partial month for which the report(s) are delinquent.”

“Charitable assets cannot be used to pay these avoidable costs,” the California DOJ warned BLM. “Accordingly, directors, trustees, officers and return preparers responsible for failure to timely file the above-described report(s) are personally liable for payment of all penalties, interest and other costs incurred to restore exempt status.”

California’s warning to BLM comes just weeks after Washington ordered the charity to “immediately cease” fundraising in the liberal state due to its lack of financial transparency. Despite the order, BLM continues to solicit and receive contributions from Washington residents.

 

Patrisse Cullors, one of the founders of the violent militant group, purchased four high-end homes in an affluent neighborhood.

That’s where some of the money went.

 

Related article:
https://www.washingtonexaminer.com/restoring-america/fairness-justice/money-problems-aside-black-lives-matter-continues-to-harm-america

1 thought on “BLM Grifters Amassed $60 Million Bankroll, No Trace of Where the Money Went”

  1. John D. Egbert

    Any bets that the “Big Guy” got his 10% on time and in full? You know he did.

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