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Why did BLM buy LA mansion for $5.8m from developer friend who paid $3.1m for it just six days earlier? Transaction 'raises serious questions' - but founder Patrisse Cullors says criticism is 'racist and sexist'
daily mail ^ | 4/7/2022 | alexander

Posted on 04/07/2022 6:16:31 AM PDT by RummyChick

A Los Angeles mansion frequented by Marilyn Monroe and Humphrey Bogart was bought by a real estate developer working for BLM founder Patrisse Cullors and her partner for $3.1 million, and then purchased by BLM's foundation just six days later for $5.8 million in cash, it has emerged.

The rapid price inflation 'raises serious questions,' ethics experts said.

The purchase of the 6,500 square-foot, six-bedroom property in Studio City was first revealed on Monday by New York Magazine, amid growing questions about BLM's finances.

The organization in February 2021 said it had taken in more than $90 million in 2020 and still had $60 million on hand, but it remains unclear how that money is being managed or even where it is.

Cullors, the co-founder of the organization, resigned in May 2021 as director of the Black Lives Matter Global Network Foundation (BLMGNF), amid scrutiny of her property empire. She has written best-selling books, and has a contract with Warner Brothers to produce content.

On Wednesday, Cullors, 38, angrily hit back at the questions over cash purchase of the Studio City mansion, describing the criticism as 'racist and sexist'.

(Excerpt) Read more at dailymail.co.uk ...


TOPICS: News/Current Events; US: California
KEYWORDS: blackkk; blackliesmatter; blacklivesmanor; blacklivesmatter; blackthievesmatter; blm; blmgnf; california; losangeles; moneylaundering; newyorkmagazine; patrissecullors; studiocity; warnerbrothers
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Is she trying to claim that black women are too dumb to know how to launder money?
1 posted on 04/07/2022 6:16:31 AM PDT by RummyChick
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To: RummyChick

Racism and Social Justice pays.....plus you are in a protected class that no law enforcement agency will investigate.


2 posted on 04/07/2022 6:18:38 AM PDT by srmanuel (`)
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To: RummyChick

Burn Loot Murder is an ideal structure for extortion and fraud. Al Sharpton/Jesse Jackson level poverty pimping.


3 posted on 04/07/2022 6:19:18 AM PDT by BenLurkin ((The above is not a statement of fact. It is either opinion, or satire. Or both.))
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To: srmanuel

It appears they have enough money to buy this stunning property just put on the market.

https://www.dailymail.co.uk/tvshowbiz/article-10693567/Mark-Wahlberg-lists-breathtaking-Beverly-Hills-estate-nearly-90M-Inside-12-bed-mansion.html

Not many can afford the mansion and the $$ to upkeep this kind of place


4 posted on 04/07/2022 6:19:50 AM PDT by RummyChick ( )
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To: BenLurkin

I thought it stood for Buy Large Mansions


5 posted on 04/07/2022 6:20:58 AM PDT by BookmanTheJanitor
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To: RummyChick

She is terminally corrupt and has forfeited her right to exist


6 posted on 04/07/2022 6:21:42 AM PDT by bert ( (KE. NP. N.C. +12) Promoting Afro Heritage diversity will destroy the democrats)
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To: RummyChick

It is so obvious that they split the cash. Unbelievable.

She couldn’t just move the money to her account so went through the back door.

But if our tax returns are one day late, we get fined immediately.


7 posted on 04/07/2022 6:29:46 AM PDT by Cowgirl of Justice
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To: RummyChick

The tens of millions donated to BLM have long disappeared and there will never be an investigation.

Screams of “racism” shut it all down immediately.


8 posted on 04/07/2022 6:31:44 AM PDT by Bon of Babble (Rigged Elections have Consequences)
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To: RummyChick

Awesome shakedown. Sharpton and Jackson are green with envy and in utter disbelief.

I applaud these queens!

And the photo of them toasting the St. Floyd death anniversary is....chefs kiss.


9 posted on 04/07/2022 6:34:38 AM PDT by americas.best.days... ( Donald John Trump has pulled the sword from the stone.)
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To: All

Behold the power of the Race Card!!


10 posted on 04/07/2022 6:36:54 AM PDT by Reily
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To: RummyChick

BLM is a cancer consuming the corrupt body that was the U.S.. With the DOJ turning a blind eye to the woke mob corruption, that corruption will spread, and it has. Billions of dollars in covid relief went to scammers to buy houses and cars. The DOJ and MSM won’t even raise these stories because they reflect many on their “team”.


11 posted on 04/07/2022 6:40:43 AM PDT by Flick Lives (The CDC. Brought to you by Pfizer)
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To: RummyChick

Standard Dem money laundering.


12 posted on 04/07/2022 6:44:03 AM PDT by G Larry (Anybody notice that Satan is hard at work?)
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To: RummyChick

Anytime any black is accused of anything they scream racism.


13 posted on 04/07/2022 6:47:51 AM PDT by SkyDancer ( I make airplanes fly, what's your super power?)
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To: RummyChick

All the ho has is her precious RACE CARD otherwise her arse would be in jail.


14 posted on 04/07/2022 6:51:50 AM PDT by FlingWingFlyer (Don't blame me, I voted for President Trump. Let's Go Brandon! FJB!)
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To: RummyChick

I never understand these Black Lives Matter women. They claim they are trained Marxists. How in the sam hill does a good Marxist justify buying luxury property in the first place? What about being down in the struggle as workers of the world unite and all that?


15 posted on 04/07/2022 6:53:54 AM PDT by Dilbert San Diego
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To: RummyChick

Now hiding money laundering....that’s the tricky part!


16 posted on 04/07/2022 6:55:43 AM PDT by one guy in new jersey
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To: RummyChick

How long are people going to agree than any criticism of a black is racist?


17 posted on 04/07/2022 7:01:21 AM PDT by bk1000 (Banned from Breitbart)
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To: RummyChick

Race card is always played.


18 posted on 04/07/2022 7:33:48 AM PDT by tennmountainman ( Less Lindell CONS, More AZ Style Audits)
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To: RummyChick

Bookmark


19 posted on 04/07/2022 7:57:38 AM PDT by aquila48 (Do not let them make you "care" ! Guilting you is how they control you. )
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To: RummyChick

From what I heard, ain’t nunya bidness how $blm money gets used you racis’! As protected as hunter? Maybe more with the ‘bipoc’ card at the ready.


20 posted on 04/07/2022 8:12:40 AM PDT by rktman (Destroy America from within? Check! WTH? Enlisted USN 1967 to end up with this? 😕)
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