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BLM leaders are warned they will be held personally liable if they fail to disclose details of $60M in donations by California DoJ - as charities' financial mysteries deepen
[Daily Mail, where America gets its news]
  • The California DOJ has threatened to hold the leaders of Black Lives Matter personally liable over the charity's missing financial records

  • The organization has 60 days to disclose records about its $60 million in donations or it could have its tax-exempt status revoked

  • The charity could also face fines for 'each month or partial month for which the report(s) are delinquent'

  • The DOJ said 'directors, trustees, officers and return preparers' could be liable for 'all penalties, interest and other costs incurred to restore exempt status'

  • Charitable assets cannot be used to pay the costs associated with the matter

  • It is unclear with leaders would be held 'personally liable,' especially since all three co-founders are no longer affiliated with the organization

  • The notice comes just days after it was revealed that BLM has not had anyone in charge of its finances since co-founder Patrisse Cullors resigned last May

Posted by: Skidmark 2022-02-02
http://www.rantburg.com/poparticle.php?ID=624034