Scam Organization BLM in Hot Water after $60 Million in Donations Disappear
It would seem that Black Lives Matter (BLM) is imploding as it is embroiled in scandals in the last few years.
Indiana Atty. Gen. Todd Rokita from the BLM Global Network Foundation said that “It appears that the house of cards may be falling.” The said legal entity Rokita is part of is the one that siphons up the largest amount of money donated to the movement. “This happens eventually with nearly every scam, scheme or illegal enterprise.”
This phenomenon is not just happening in Indiana as other states, including Connecticut, Maine, Maryland, New Jersey, New Mexico, North Carolina, and Virginia have revoked the said entity’s charitable registration. On the other hand, the states of California and Washington are both threatening to hold the officers of the “nonprofit” organization liable for its lack of financial transparency.
For one, the organization failed to file taxes in 2020, which was the year it managed to rais tens of millions following George Floyd’s death at the hands of police along with the rioting and protests that came soon after. It also has no official head who oversees its $60 million funding following its co-founder’s registration in May.
The said co-founder is Patrisse Cullors-Khan. She has connections to other fundraising groups that have finances that raise “potential red flags,” according to New York magazine. Meanwhile, she has been having a personal real-estate spending spree, while funds for BLM were sent to a Canada-based nonprofit run b her spouse and were spent for suspicious purchases.
The large amount provided by deep-pocketed donors connected to Big Tech companies, along with other corporations trying to virtue signal, might have funded rank peculation by the people who were entrusted with the funds.
At the end of the day, BLM is becoming an oft-told tale as more money supposedly donated for morally good means inviting corruption.