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re: Steve Bannon and others arrested charged with fraud

Posted on 8/20/20 at 11:23 am to
Posted by B4YOU
Member since May 2018
344 posts
Posted on 8/20/20 at 11:23 am to
quote:

I have been on non-profit boards for 20 years and I don't see how spending 5% on the executives and their expenses is out of line. That is a total of $337,000 per executive, including expenses for the past several years. How do you run a non-profit like this one and not spend any money? That would be virtually impossible. This indictment is more than a little bit fishy.

If you tell people the board is 100% volunteer and then funnel money through other non-profits to pay board members, then it’s fraud and money laundering.

It’s not that you can’t pay board members. It’s that you can’t defraud donors by saying you won’t and doing so anyway.
Posted by TenTex
Member since Jan 2008
15949 posts
Posted on 8/20/20 at 11:45 am to
It's challenging to keep up with Trump's fast-growing swamp, and now tweeting his distancing from Bannon after saying in June Bannon is doing a great job for him. Maybe he can get QAnon to create some new distractions.
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