Woman Uses Phony Foundation To Steal $100 Million From U.S. Army

A civilian employee of the US Army has been arrested for allegedly stealing ONE HUNDRED MILLION dollars from the federal government. The employee was using a shell company to get millions in grants and payments from the government by lying about services the company was performing. Mike Papantonio & Farron Cousins discuss more.

Check out our merch by visiting our store

Subscribe to our podcast

Become a member today!

Support us by becoming a monthly patron on Patreon, and help keep progressive media alive!

Spread the word! LIKE and SHARE this video or leave a comment to help direct attention to the stories that matter. And SUBSCRIBE to stay connected with Ring of Fire's video content!

Support Ring of Fire by subscribing to our YouTube channel

Be sociable! Follow us on:

*This transcript was generated by a third-party transcription software company, so please excuse any typos.

A civilian employee of the US Army has been arrested for allegedly stealing $100 million from the federal government. The employee was using a shell company to get millions in grants and payments from the government by lying about the services that the company was performing. Isn't the real question. I mean, really, isn't the real question, how in the hell does our US government not understand that this is going on? Why did they not do anything for years? This went on for years, man. We're talking about this woman had a fleet of 70, I'm not making this up. I can see some pointed headed bureaucrat in charge of this whole thing. Okay. And while this is going on, let's see, embezzled real estate, 31 individual properties, a $3.1 million estate in Maryland, 58 acres with a 55 car garage that had a fleet of 78 vehicles, apparently. Everything from Ferraris to Mercedes to Chevy Chevelles. What the hell? How does she get away with it? Because we have a bunch of dunces in charge of regulatory here. One hundred million dollars, Farron.

This was the better part of a decade that this scam was carried out. A hundred million dollars. Nobody in the office apparently noticed that she's driving a different car to work every single day. But here's the thing. She had this group that was called the Child Health and Youth Lifelong Development entity. And it says, hey, look, we're gonna take the children of military service members and I'm gonna help them with stuff. And the military says, well, we like stuff, we like kids.

What was the stuff? When I read it, I didn't even figure out what the stuff was.

I don't know that she ever told anybody. But she says, okay, so let's give lots of money to my organization, write me checks every year.

To help children with stuff.

Exactly. And so they did. And instead of this being a real group, obviously she spent the money on the cars, the homes, the real estate, jewelry. I mean.

Taxpayers bought all that.

They did.

Okay. Because, you know, you've got a dysfunctional bureaucracy that is, especially, if it's attached to the military at all, it's dysfunctional. That's why we gave 'em a trillion dollars basically this year. So they could do this kind of thing. But this story, to me, this is a little different. But you're constantly reading about, American tax players are totally fleeced on this, but we didn't have any control of it. There's some things you do have control over and this, as I was researching this, Black Lives Matter stole $20 million over a period of time. $10 million in one tranche. European, another $10 million. You've got GoFundMe. GoFundMe is, it's a situation to where, do you remember the story, the Johnny Bobbitt story?

Yeah.

Johnny Bobbitt. That's where a fellow was, he was supposed to be a veteran who was homeless. And the story was that he gave $20 to this woman that didn't have any money to buy fuel and it was his last $20. So they get online and they start the GoFundMe thing. Well, we all want to help. Right. $400,000 stolen in a scam. It wasn't real. And if you look at some of these, some of the ways where, now here, we didn't have any control over it. Right. This is the army. This is the government supposed to be watching a hundred million dollars. And it doesn't make any difference because they're paid a trillion dollars by the White House and our Congress. But these stories, like GoFundMe, there's stuff we can do, due diligence. Now, GoFundMe says, well, we only have about 1% of these scams that take place. I ain't believing that. But it's these small charities that we don't check into.