Posted on 06/02/2022 6:14:29 AM PDT by algore
The Atlanta activist Black Lives Matter has appointed to straighten out its finances has been declared bankrupt three times, was ordered by a court to attend financial management lessons, and has more than $120,000 in unpaid debt.
She told The New York Times she had been appointed to straighten out the organization's finances, after BLMGFN faced intense scrutiny over its spending of donor cash.
'No one expected the foundation to grow at this pace and to this scale,' said Gay.
'Now, we are taking time to build efficient infrastructure to run the largest Black, abolitionist, philanthropic organization to ever exist in the United States.'
On Wednesday, it emerged that Gay has been declared bankrupt three times, according to federal reports obtained by The New York Post.
Gay, a mother of three, filed for bankruptcy in 2005, 2013 and 2016.
In 2013, she tried to apply for bankruptcy protection, but a federal judge tossed out the application because she failed to pay the $306 fee.
In 2015, she founded her public relations and consultancy firm, The Amplifiers.
But in 2016, when filing for her most recent bankruptcy, she answered 'no' when asked if she had opened a business in the last four years
Her most recent filing, from August 2016, showed that she had more than $120,000 in debts, including owing $55,000 in student loans from time spent at Liberty University in Virginia and the University of Kansas.
The sum included more than $18,000 for leasing a Lincoln MKZ sedan, and $7,000 in medical expenses. It also included $8,000 owed to two Christian schools, according to the records.
The paper reported that Gay was forced by the court to attend courses on managing her money, and she completed one course on December 15, 2016
(Excerpt) Read more at dailymail.co.uk ...
“Pick me! Pick me! I’ll give out some reparations! Starting with me!”
Black AND Gay!
Black Lies Matter!
RICO charges should have been brought against bLM, Antifa, et.al. It is an organized crime organization.
What a scam.
“No one expected the foundation to grow at this pace and to this scale,’ said Gay.”
IOW the scam was so successful THEY didn’t even expect it.
If this were me my ass would already be in jail by now.
“The Atlanta activist Black Lives Matter has appointed to straighten out its finances has been declared bankrupt three times, was ordered by a court to attend financial management lessons, and has more than $120,000 in unpaid debt.”
Perfect.
How does one go about even finding someone that corrupt and stupid?
I only know of one person who even contemplated personal bankruptcy. He bought a house at the peak of it’s value in 2007 for $160,000. By 2009, thanks to then failed Governess and now failed energy Secretary Granholm, the house value cratered to about $25,000. Then he had to move for a job transfer.
They considered bankruptcy but were able to stick it out.
Kinda like putting Biden in charge of America.
Now that’s is exactly who you want to turn your scandal plagued “charity” around. You can’t make it up.
Most people who file bankruptcy are decent people who have something bad happen to them that causes them to go broke.
However, some are professional debtors, they know the bankruptcy laws and how often they can file bankruptcy and plan for it.
Believe it or not, immediately after bankruptcy and having all their debts wiped away, the credit card companies are more than happy to issue new credit cards, knowing the person can’t file bankruptcy again for a certain number of years, it used to be 7 years, I’m not sure what the time is now.
Credit card debts are unsecured and can be wiped out in a bankruptcy, so if you plan it right you can live a decent lifestyle for 7 years file bankruptcy, get your debts wiped out and start all over again.
I suspect his person is a professional debtor.
Abolitionist? The Southern states will secede if this takes hold. The must keep their slaves.... wait... slavery was abolished 155 years ago? Then what the hell is she talking about?
Cicley Gay isn’t the only new face at BLM. From their Twitter account: “We are honored and thrilled to announce that Cicley Gay, Shalomyah Bowers, and D’Zhane Parker will be joining the BLM Global Network Foundation Board of Directors. Welcome to the team!” (Why did I just think “I haven’t played Scrabble in ages”?)
A couple of sarcastic thoughts.
1. Definitely qualified for the job.
2. Nice.
Aww, no pics of the genius...
Abolitionist? The Southern states will secede if this takes hold. The[y] must keep their slaves.... wait... slavery was abolished 155 years ago? Then what the hell is she talking about?
You caught that, too, huh?
Maybe: Abolish the Police?
Regards,
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