9/5/2022
RawNews1st – According to a new lawsuit filed by Black Lives Matter activists on Thursday, the nonprofit’s new head Shalomyah Bowers has been accused of having “siphoned” over $10 million in donation funds to bankroll his consulting firm.
“Mr. Bowers decided he could not let go of his personal piggy bank,” reads the lawsuit filed in the Los Angeles Superior Court. “Instead, he continued to betray the public trust by self-dealing and breaching his fiduciary duties.
Instead of using the donations for its intended purposes, Mr. Bowers diverted these donations to his own coffers and intentionally took calculated steps to prevent those same resources from being used by BLM for on-the-ground-movement work.”
Bowers became the new leader of the Black Lives Matter Global Network Foundation in April, and since then has allegedly redirected millions in donation money to his own Bowers Consulting Firm.
The suit also said Bowers changed social media account passwords for the grassroots organization and tried to “to register the trademark of BLM Grassroots using the logo and design of BLM Grassroots leader Angela Waters, in what appears to be an attempt to ‘steal’ the logo or prevent BLM Grassroots from utilizing.”
The BLM grassroots organization said in the suit that Bowers has siphoned money.
“Mr. Bowers continues to fraudulently raise money from unsuspecting donors passing himself off as the organization that is doing the work of BLM, padding his own pockets at that of his associates at the cost of BLM’s reputation,” the suit said.
The grassroots organization arm of the organization is asking for a jury trial and accuses Bowers of unfair businesses practices, fraud and intentional misrepresentation, among other claims.
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