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Did Black Lives Matter Get Humorous With the Cash?

by Index Investing News
April 8, 2022
in Financial
Reading Time: 3 mins read
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A brand new report sheds gentle on how the group parceled out its hundreds of thousands.

(Picture by Tayfun Coskun/Anadolu Company by way of Getty Photographs)

A brand new report supplies a glimpse into how the Black Lives Matter (BLM) group spent a number of the money it amassed after the homicide of George Floyd. The progressive activist group, which has obtained criticism and scrutiny over the way it spends its donations, was discovered to have bought a big luxurious house in California that was funded by the donations it obtained previous to October 2020.

The home — greater than 6,500 sq. ft — has seven bedrooms, fireplaces, a pool, and a bungalow. It permits parking for greater than 20 automobiles. The Black Lives Matter World Community Basis (BLMGNF) bought the property for nearly $5 million in October 2020. The group appears to have saved the acquisition personal, in keeping with a New York Journal report. The author analyzed paperwork, emails, and different types of communication amongst members of the group that recommend “it has been dealt with in ways in which blur, or …

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