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BLM leaders are warned they will be held personally liable if they fail to disclose details of $60M in donations by California DoJ - as charities' financial mysteries deepen
The California DOJ has threatened to hold the leaders of Black Lives Matter personally liable over the charity's missing financial records
The organization has 60 days to disclose records about its $60 million in donations or it could have its tax-exempt status revoked
The charity could also face fines for 'each month or partial month for which the report(s) are delinquent'
The DOJ said 'directors, trustees, officers and return preparers' could be liable for 'all penalties, interest and other costs incurred to restore exempt status'
Charitable assets cannot be used to pay the costs associated with the matter
It is unclear with leaders would be held 'personally liable,' especially since all three co-founders are no longer affiliated with the organization
The notice comes just days after it was revealed that BLM has not had anyone in charge of its finances since co-founder Patrisse Cullors resigned last May
https://www.dailymail.co.uk/news/art...l-records.html
The California DOJ has threatened to hold the leaders of Black Lives Matter personally liable over the charity's missing financial records
The organization has 60 days to disclose records about its $60 million in donations or it could have its tax-exempt status revoked
The charity could also face fines for 'each month or partial month for which the report(s) are delinquent'
The DOJ said 'directors, trustees, officers and return preparers' could be liable for 'all penalties, interest and other costs incurred to restore exempt status'
Charitable assets cannot be used to pay the costs associated with the matter
It is unclear with leaders would be held 'personally liable,' especially since all three co-founders are no longer affiliated with the organization
The notice comes just days after it was revealed that BLM has not had anyone in charge of its finances since co-founder Patrisse Cullors resigned last May
https://www.dailymail.co.uk/news/art...l-records.html
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