(Headline USA) Black Lives Matter might be sitting on a cash hoard that is more than double what the organization previously disclosed, and the bounty of loot is reportedly under the control of top Democrat elections lawyer Marc Elias and other Clinton Cabal cronies.
The Black Lives Matter Global Network Foundation claimed in a February, 2021, filing that it had raised more than $90 million in 2020 and spent about $30 million, leaving it with $60 million. That $60 million has since gone missing, leading several states, including California and Washington, to ban BLM from fundraising in their states until they complete a financial transparency report.
But new records suggest BLMGN might have even more in its coffers, reported the Washington Examiner. IRS documents show that BLM raised an additional $79 million from ActBlue, a Democrat fundraising platform, in 2020, and another $13 million in 2021.
BLMGN also has not disclosed the number of corporate donations it received in 2020 after the George Floyd riots. The money raised from corporate contributions was likely significant, though, considering BLM’s ex-co-founder Patrisse Cullors bragged about exploiting “white corporation guilt.”
“It appears that millions of dollars in donations to BLMGNF are unaccounted for,” said Paul Kamenar, legal counsel for the National Legal and Policy Center.
“The questions surrounding BLMGNF’s finances call for a full independent audit that must be released to the public,” he said.
However, BLM has thus far refused to disclose information about its finances. The organization pulled off an accounting gimmick last month, allowing officials to delay reporting on what happened to BLM’s tens of millions of dollars.
It was also revealed last month that top Democratic operatives, including Clinton crony lawyer Marc Elias, had taken top leadership positions in BLM.
When asked about BLM’s lack of financial transparency, Cullors, who was forced to resign from the organization last year over allegations that she improperly used BLM funds to purchase several multi-million dollar properties for herself, admitted that the organization isn’t good at keeping track of its finances.
“I think it’s because black people in general have a hard time with money,” Cullors said. “It’s a trigger point for us.”
