Update 01: BLM Under Investigation – Black Lives Matter is under investigation for fraud!

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The BLM Under Investigation updates track the legal investigations into the BLM Global Network Foundation’s lack of financial transparency pertaining to the $90 million dollars the organization received in 2020 in the wake of the George Floyd murder.
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The Black Lives Matter Global Network Foundation is under investigation by the California Attorney General.

The group shut down its fundraising one day after the Washington Examiner published a letter from California Attorney General Rob Bonta telling BLMGNF that it was prohibited from soliciting or disbursing funds because of its failure to submit an annual report for the 2020 tax year.

In the letter, which was dated January 31, Bonta threatened to hold individual leaders personally liable for late fees.

The group said at the close of 2020 that after raising $90 million, spending $8.4 million in operating expenses and distributing $21.7 million in grants to 33 other organizations, it closed the year with $60 million.

The group was not officially registered as a charity with the IRS until late 2020, according to the report. It has previously funneled donations through other liberal charities.

READ THE ARTICLE BELOW!
https://www.nationalreview.com/news/black-lives-matter-suspends-online-fundraising-after-state-ags-threaten-legal-action/

#BLMfraud #BlackLivesMatter #Fundraising #Form1023 #IRS #SusanWoods