Breaking News:Smoking Gun Reporting That Wyclef Has Been Pocketing Charity Money Intended For Haiti

most viewed right now
 153
Image(s) inside Nicki Minaj disses Pusha on IG
67 comments
@hiphop
most viewed right now
 63
Drake- Iím Upset
334 comments
@hiphop
most viewed right now
 56
Gillie The Kid Goes Off Talking Bout Pusha T. Vs Drake, & Quentin Miller
26 comments
@hiphop
most viewed right now
 42
NBA Woj: Cp3 unlikely to play game 7
120 comments
@sports

section   (0 bx goons and 1 bystanders) Share this on Twitter   Share this on Facebook
 

Props Slaps
 01-15-2010, 02:09 PM         #1
10435 pageviews
175 comments


Michael_Moore 
space
space
space
$n/a | Props total:  
Breaking News:Smoking Gun Reporting That Wyclef Has Been Pocketing Charity Money Intended For Haiti
 

 
aiti earthquake aid pours into group that has enriched singer

JANUARY 14--The Haiti earthquake has already triggered hundreds of thousands of donations to musician Wyclef Jean's charitable foundation, which expects to raise upwards of $1 million a day in the disaster's wake.

However, Internal Revenue Service records show the group has a lackluster history of accounting for its finances, and that the organization has paid the performer and his business partner at least $410,000 for rent, production services, and Jean's appearance at a benefit concert. Though the Wyclef Jean Foundation, which does business as Yele Haiti Foundation, was incorporated 12 years ago--and has been active since that time--the group only first filed tax returns in August 2009.

That month, the foundation provided the IRS with returns covering calendar years 2005, 2006, and 2007--the only periods for which it has publicly provided a glimpse at its financial affairs. In 2006, Jean's charity reported contributions of $1 million, the bulk of which came from People magazine in exchange for the first photos of a pregnant Angelina Jolie (the actress reportedly directed that the publication's payment go to Jean's charity, not her personally). As seen on the following pages from the foundation's 2006 tax return, the group paid $31,200 in rent to Platinum Sound, a Manhattan recording studio owned by Jean and Jerry Duplessis, who, like Jean, is a foundation board member. A $31,200 rent payment was also made in 2007 to Platinum Sound.

The rent, tax returns a.ssure, "is priced below market value." The recording studio also was paid $100,000 in 2006 for the "musical performance services of Wyclef Jean at a benefit concert." That six-figure payout, the tax return noted, "was substantially less than market value." The return, of course, does not address why Jean needed to be paid to perform at his own charity's fundraiser. But the largest 2006 payout--a whopping $250,000--went to Telemax, S.A., a for-profit Haiti company in which Jean and Duplessis were said to "own a controlling interest."

The money covered "pre-purchased...TV airtime and production services" that were part of the foundation's "outreach efforts" in Haiti. No further description of these services was offered, though the return claimed that "the fees paid are below market" and that the use of Telemax was the "most efficient way of providing these services." The group's tax returns also report "consultant" payments totaling $300,000 between 2005-2007, while the 2006 return reported nearly $225,000 in "promotion and PR" costs. These expenses are not itemized further in the IRS returns. (6 pages) .


[pic - click to view]

 Wyclef Jean Charity's Funny Money - January 14, 2010


[pic - click to view]


175 comments for "Breaking News:Smoking Gun Reporting That Wyclef Has Been Pocketing Charity Money Intended For Haiti"

 01-15-2010, 02:13 PM         #2
ass_in_my_eyes  OP
space
space
space
$n/a | Props total:  
 8 years ago '98        #3
ronnie|A 10 heat pts10
space
avatar space
space
$30,457 | Props total: 4289 4289
oh damn....
 8 years ago '07        #4
tacuna 320 12 heat pts12
space
avatar space
space
$4,173 | Props total: 1583 1583
Nah...
 01-15-2010, 02:15 PM         #5
Michael_Moore  OP
space
space
space
$n/a | Props total:  

[video - click to view]

 01-15-2010, 02:16 PM         #6
deLeet  OP
space
space
space
$n/a | Props total:  
thats foul
 01-15-2010, 02:17 PM         #7
currybai  OP
space
space
space
$n/a | Props total:  
no surprise, most non profits are for money purposes only
 8 years ago '09        #8
DesertEagle 50 heat pts50
space
avatar space
space
$8,210 | Props total: 2279 2279
[Flavor Flav]WOWWWWWWWWWWWWWW[/Flavor Flav]
 8 years ago '04        #9
TVee 1 heat pts
space
avatar space
space
$2,381 | Props total: 2224 2224
Can't knock the hustle.
 8 years ago '04        #10
TheGreatDane 7 heat pts
space
avatar space
space
$1,496 | Props total: 474 474
I always had a feeling Wyclef was a snake. f**k that dude...
 8 years ago '05        #11
meepos 21 heat pts21
space
avatar space
space
$9,551 | Props total: 34 34
my pops donated $20 to his foundation. f**k him if this is true.
 8 years ago '06        #12
Storchaveli 96 heat pts96
space
avatar space
space
$28,319 | Props total: 5386 5386
Damn, I swear to God yesterday I was thinking "That dude's GOTTA be dirty." No joke. It's tough to find out and verify HOW your donations are being used. Alot of people just donate money and a.ssume it's going to the cause but how can you be sure?
 8 years ago '05        #13
meercy|m 
space
avatar space
space
$9,513 | Props total: 703 703
pras was jus talkin bout this...lol...
 01-15-2010, 02:21 PM         #14
Galaxy  OP
space
space
space
$n/a | Props total:  



[pic - click to view]



Last edited by Galaxy; 01-15-2010 at 05:01 PM..
 8 years ago '09        #15
The Hatchett 
space
avatar space
space
$924 | Props total: 7 7
 tacuna 320 said:
Nah...
man thats what im thinking.

First paragraph says he paid a man for a BENEFIT CONCERT. They prolly paid 10,000 stack or something for a performace, and depending how big it got they could have made 100,000 on the show....

studio time COULD be the same thing... gotta pay to create a charity song that can raise money...

i seen dude today talkin bout how he carrying bodies all day... too early to come through with this... MAYBE later, but not yet..
 8 years ago '08        #16
Main Event 55 heat pts55
space
avatar space
space
$49,708 | Props total: 12730 12730
Thats some grimey s**t if thats true
 01-15-2010, 02:26 PM         #17
Galaxy  OP
space
space
space
$n/a | Props total:  

[pic - click to view]






















'I'll be gone till November'


[pic - click to view]



Last edited by Galaxy; 01-15-2010 at 02:31 PM..
 8 years ago '04        #18
j0hncena 92 heat pts92
space
avatar space
space
$11,831 | Props total: 2430 2430
what a broke f**k
 8 years ago '06        #19
Yung Dilla 1500 heat pts1500
space
avatar space
space
$57,621 | Props total: 37158 37158
wow this is gonna be huuuuuuuuuuuuuuuuuuuuuuuuuuuuge if it's true he might get black balled out the industry because he made it seem like oh yall gotta help and he been stealing the money cuz he f**ked over all his millions...
 01-15-2010, 02:29 PM         #20
JCWhy83  OP
space
space
space
$n/a | Props total:  
grimey s**t right there
Home      
  
 

 






most viewed right now
 29
McDonald's customers suing for $5M over unwanted Quarter Pounder cheese
18 comments
1 day ago
@wild'ish
most viewed right now
 22
Nicki Minaj Reveals She's Dating Eminem
134 comments
2 days ago
@hiphop
most viewed right now
 16
Video inside BREAKING - Chi Wire: MUBU Krump (The ScoreKeeper) DEAD !
101 comments
2 days ago
@hiphop
most viewed right now
 15
#bigbreasttwitter
64 comments
1 day ago
@thotsdimesetc
most viewed right now
 12
Image(s) inside May 25 - Why Are Californiaís Legal Marijuana Sales So Low?
122 comments
1 day ago
@news
most viewed right now
 10
audio inside Drake - Duppy Freestyle
1358 comments
2 days ago
@hiphop
most viewed right now
 10
Video inside What streaming on Twitch has done to my life :wadesad:
57 comments
18 hours ago
@games
most viewed right now
 6
Article inside He bought a woman drinks. She left him at bar ó he broke into her hom..
56 comments
2 days ago
@wild'ish
back to top
register contact Follow BX @ Twitter Follow BX @ Facebook search BX privacy