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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]This is the story in many ways of institutional failure. With enormous money owed in order to get a permit,and not all requirements for the building met, DCRA looked the other way and permitted the building. With obvious fraud and numerous complaints filed to Racine's office the DC Attorney General turned a blind eye. With zero accountability controls in place, the Federal Government as well as Wells Fargo allowed fraudulent PPP loans to be submitted,funded and spent on anything. With tens of millions in lawsuits filed in NY, the court system is so backed up the cases have been sitting for over a year. With a Board that was either paid off, stupid or just ignorant, money was illegally transferred offshore while writs were attached to local bank accounts, and money was skimmed off the top and put into senior management hands with zero oversight. With an approval system that relies on paperwork without genuine human oversight, both Cognia and the IB Board certified and provided significant accreditation to a completely insolvent organization that had an unprecedented number of lawsuits against it. And we all know the media, in particular the Washington Post, did superficial lazy puff pieces that relied on quotes from "experts" that had been spun up by Chris Whittle's rhetoric and knew nothing of the actual situation. This was institutional failure on all counts while Whittle and friends took millions in loans and mortgages, got even more by begging for it from hard working families and literally lined their pockets. Shame on the Board, shame on Whittle and Rivera, shame on the backed up courts, the bloated PPP program, the ignorant Washington Post, the look-the-other-way Attorney General, and every investor, parent or "friend of Chris" that wrote their Whittle investment off--- but is just too embarrassed to stand up and tell the truth.and prevent this from happening again. "No Comment" is not ok --it's the cheap way out, when you have a serial fraudster on the loose. [/quote] This is all correct, but in the world of sins and major problems, I'm not sure the failure to provide the education they promised to a group of kids who will still be ok is as significant as other scams out there. This isn't human trafficking or scamming old people out of all their retirement savings.[/quote] [b]This is one of the biggest frauds to have been carried out in Washington DC[/b] --it is not at all about whether or not the education was provided as promised. Its about what happened to the money. And the misrepresentations that were made to some of the major players who went along with the false narrarive. It's a fraud case. The families are small players in it. [/quote] Ha - bigger frauds are carried out in this city every day in the halls of Congress.[/quote]
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