The New York Post reported earlier this year that Black Lives Matter (BLM) co-founder Patrisse Cullors continues to face questions surrounding her handling of the organization’s funds.
However, Cullors isn’t the only one connected with BLM to be accused of financial irregularities. According to Fox News, a congressional candidate the group endorsed has been charged with wire fraud.
BLM spent a lot of cash
The network said it had reviewed federal records showing that the Black Lives Matter PAC put over $100,000 worth of independent expenditures in support of Karen Carter Peterson.
Peterson is a former Louisiana Democratic Party chair and state senator who unsuccessfully attempted to run this year in the state’s 2nd district.
On July 14, the Department of Justice (DOJ) announced that Peterson was being charged with wire fraud for allegedly using campaign and party funds to cover personal expenses.
“As a Louisiana State Senator, Peterson formed and maintained a campaign organization, the Karen Carter Peterson Campaign Fund (KCPCF), to solicit and raise campaign funds from individual and corporate donors,” a DOJ press release read.
“The campaign funds were solicited based upon the representations and premise that the funds would be used to facilitate Peterson’s reelection for the position of State Senator,” it added.
That same day, Peterson disclosed in a series of tweets that she was in recovery for a gambling addiction and would cooperate with authorities.
Today marks an important step in my life-long recovery as I continue to address my gambling addiction. I sincerely apologize for the impact from my compulsive behavior resulting from this addiction. (1 of 2)#gamblingrecovery #makingamends
— KarenCarterPeterson (@TeamKCP) July 14, 2022
“Today marks an important step in my life-long recovery as I continue to address my gambling addiction,” Peterson wrote on Twitter. “I sincerely apologize for the impact from my compulsive behavior resulting from this addiction.”
“I have made full repayment of funds used as a result of my addiction and I will continue to make amends,” she added.
“Staying true to the steps of my ongoing recovery, I have been forthright, honest, and fully cooperative with the US Attorneys’ Office in their investigation.”