Thursday, December 13, 2007

Sharpton's Sharp Practices Investigated

From the New York Daily News comes word that the Feds have subpoenaed financial records and employees. They are demanding Al's financial records since 2001.

The FBI and IRS are investigating whether Sharpton improperly misstated the amount of money he raised during his 2004 White House run to illegally obtain federal matching funds, a source familiar with the probe said.

Sharpton, although forced to return $100,000 in matching taxpayer funds after an investigation two years ago, denied any wrongdoing at the time.

The feds may also looking into allegations of tax fraud, including whether Sharpton commingled funds from his nonprofit National Action Network with several of his for-profit ventures.

Al's lawyer , Michael Hardy, called it a federal fishing expedition. "I can't think of a time when the Rev. Sharpton wasn't under investigation," he said.

Gee, I wonder why.

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