BLM Founder Facing Backlash For Latest Money Laundering Scheme

Written By BlabberBuzz | Monday, 21 June 2021 06:00 AM
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Newly released reports indicate that A non-profit group tied to Black Lives Matter co-founder Patrisse Cullors failed to report significant donations to the IRS.

Dignity and Power Now, a group founded by Cullors in 2013 to help black and minority prisoners, brought in at least $225,000 in 2016, but disclosed only $50,000 to the IRS, according to the New York Post.

Because the group claimed it took in only $50,000, it did not have to file a return or outline all of its spending and donations to the IRS. Cullors, who resigned from leadership of the Black Lives Matter Global Network after backlash over her lavish real estate spending, is listed as the founder on Dignity and Power Now's website, and prior filings listed her as the group's board chair.

Though Dignity and Power Now only reported $50,000 in income in 2016, the group was given $100,000 by the Los Angeles-based Resnick Foundation and $125,000 by the California Initiative, public records for the two donors show.

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On Friday, the National Legal and Policy Center, a conservative watchdog group, filed complaints to both the IRS and the California Attorney General, which regulates charities in the state, demanding an audit of Dignity and Power Now's finances.

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'The obvious question is what happened to the money,' NLPC chairman Peter Flaherty told the post.

'Given these circumstances, we believe that an audit is in order. Dignity and Power Now purports to speak in the name of the disadvantaged. The IRS must ensure that no one is taking advantage,' he continued.

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Dignity and Power Now did not immediately respond to an inquiry, and Cullors could not be reached for comment.

This comes after Cullors resigned when her $3 million property portfolio was revealed, although she said the houses were bought with cash earned through public speaking and books she has written.

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BLM Global Network took in $90 million in 2020, and was left with a balance sheet of $60 million by January of 2021. Around $8 million was spent on expenses, including staffing costs with the other $20 million donated to local chapters and nonprofits,

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Those numbers led to scrutiny over how BLM is spending its money, and complaints over a lack of transparency from bereaved families previously supported by the group.

Michael Brown Sr - whose 18 year-old son Michael Brown was shot dead by a cop in Ferguson, Missouri, in 2014, last week added his name to the BLM 10 Plus movement, which is demanding financial transparency from national leaders of the movement.

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The group comprises the original 10 Black Lives Matter chapters, and is seeking transparency and accountability from BLM about how its cash has been used.

Critics of the foundation contend more of that money should have gone to the families of black victims of police brutality who have been unable to access the resources needed to deal with their trauma and loss.

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