Posted on 10/27/2021 10:42:54 AM PDT by Red Badger
Authorities in Denver have ordered the arrest of Steve Bachar, a longtime Clinton operative and “socially responsible” investor who has been charged with felony theft and securities fraud.
The former co-chair of the Clinton Global Initiative is also under investigation for unrelated allegations that he mishandled millions of dollars allocated for personal protective equipment at the height of the Covid Scamdemic.
Bachar is accused of stealing as much as $1 million and lying to an investor “in connection with the offer, sale or purchase of a security,” according to the criminal complaint filed by the Denver district attorney’s office. The crimes are alleged to have occurred between October 2017 and August 2018. The former Clinton operative told the Denver Post the criminal charges were “outrageous, unfounded, and false,” and he looks forward to letting “the facts come to light.”
Bachar, who served as White House advance lead and in the Treasury Department under former president Bill Clinton before joining the Clinton Global Initiative, also served on the national finance committee for Hillary Clinton’s failed presidential campaign in 2016 and as an adviser to former governor John Hickenlooper (D., Colo.). His private sector career as a corporate attorney and cofounder of Empowerment Capital Management was focused on “socially responsible investing.”
This is not the first time the socially responsible investor has been accused of serious wrongdoing. In 2020, Bachar allegedly pocketed nearly $2 million from health care companies that believed they were purchasing life-saving personal protective equipment such as masks and gowns.
According to a lawsuit filed by a Denver-based health care company, Bachar agreed to sell them 4,200 cases of N95 masks for $2.4 million in April 2020 but never delivered the masks and did not return their initial payment of $604,000. Over the summer, Bachar was ordered to pay nearly $4.5 million to the companies he allegedly defrauded but has yet to comply with the civil judgments against him.
SOURCE — FREE BEACON
Shocking
The Clinton Crime Family is part of The Democrat Party Organized Crime Syndicate.
A crooked Democrat ... color me shocked
As soon as I Clinton Global Iniative, I think Scapegoat. How convenient. Now he’s going to be the one who embezzled all the money that was supposed to go to Haiti relief. I wonder how much longer he has to live. Is he going to be despondent and commit suicide? Car accident? Heart attack?
About
Steve is a partner in Empowerment Capital which advises and invests in revenue generating early stage companies with positive social impact. He is also a problem-solving attorney and advisor for select clients.
His skill sets include legal strategy and management, long term strategic planning, public policy, communications, and crisis management. He directly advises CEOs, boards of directors, and elected officials. Before relocating to Denver, Steve’s Washington, D.C. career included service in the White House and the US Department of the Treasury under President Bill Clinton.
Steve provides practical, thorough advice and capital to entrepreneurs based on his experiences as an attorney, impact investor, CEO of a cleantech company that won NREL’s National Best Venture Award, business and legal advisor to numerous startups, and deep involvement in government and public policy. Steve was formerly a partner in two Denver law firms and an international law firm where his practice focused on impact investing, representation of early stage companies, and public policy.
In addition to his direct work with entrepreneurs, Steve is active in the Colorado and national impact communities. He is the former Chair of the Public Policy Committee of the Colorado Cleantech Industry Association and is on the advisory board of several companies; including Cornerstone Capital Group, a leader in sustainable investing and finance. Outside of the impact space, Steve is an active member of the Colorado community where he has been engaged in and led numerous civic initiatives and has been a close advisor to many political leaders in Colorado and nationally.
Steve is an Army veteran and certified Wilderness First Responder who enjoys the outdoors in all seasons and a music fan who plays the mandolin with far more enthusiasm than talent.
He'll be practicing a lot.................
BYE BYE STEVIE!!
I can see him delaying the trial for a couple years, then snagging a POTUS pardon in 2024 .
The CLINTON CRIME FAMILY is overshadowed by THE BIDEN CRIME FAMILY.
Not surprised.
He did not commit suicide next month..................
He needs to avoid Fort Marcy Park.
The Clinton don’t have ‘friends’.... they have ‘partners’.................
Hard to believe a their working with the Clintons. What did he do, follow them around and pick up what they missed?
TNX RB. May he sing like a bird. Expanding it to RICO would work for me.
SS1
I wonder if this the real reason the Toons were in CA...
And how long before the Denver DA suddenly has an accident, like 6 shots to the back of the head- deemed ‘natural causes’ by the $oro$/Clintoon paid Medical Examiner.
Either that or Ft Marcy Park will start getting crowded.
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.