Monday, April 11, 2022

Corrupt Black Lives Matter (BLM) Paid $5.8 Million For LA Mansion From BLM-Linked Developer Who Paid $3.1 Million For It 6 Days Earlier

FULL  ARTICLE  HERE"

Carefully Selected Paragraphs,
by Ye Editor
... "In October 2020, two weeks after BLM received a $66.5 million cash infusion from its fiscal sponsor, the group employed a man with close ties to the charity’s co-founder, Patrisse Cullors, to secretly purchase the 7-bedroom residence.


Dyane Pascall, the financial manager for Janaya and Patrisse Consulting — an LLC operated by Cullors and her spouse, Janaya Khan, bought the Studio City mansion in cash to conceal the misuse of the charities’ donations.

Six days later, Pascal transferred the property’s deed to an LLC named after the property’s address, New York Magazine reports.

... The mansion was then purchased by BLM (BLMGNF) for $5.8 million and paid for IN CASH — it was paid to a shell company registered a few days before, the Daily Mail reported.

According to The Post, the $5.8 million sales price is 250% more expensive than other similar homes in the area.

    The house was purchased by Dyane Pascall, a real estate developer who worked for Janaya and Patrisse Consulting, a for-profit firm run by BLMGNF co-founder Patrisse Cullors and her partner Janaya Khan.

    On October 21, 2020, property records show that Pascall bought the mansion from televangelists Shawn and Cherie Bolz. The sale price for both parcels of land was $3.1 million, Shawn Bolz told The Post Tuesday.

    Pascall purchased the property two weeks after the California Attorney General approved a $65 million transfer from Thousand Currents, the charity which collected donations on behalf of BLMGNF. The group has delayed its reporting to the IRS, and not yet disclosed where that money has gone.

    Two days after the purchase, on October 23, lawyers for the Democratic law firm Perkins Coie incorporated a limited liability company (LLC) in Delaware named for the mansion’s address. Four days later — on October 27 — the home was transferred to the company for $5.8 million, records show. Property records also show that no transfer taxes were charged. BLMGNF is a tax-exempt charity. ... "