Denver police have issued a warrant for the arrest of Steve Bachar, a longtime Clinton operative and “socially responsible” investor. The former co-chair of the Clinton Global Initiative has reportedly been charged with felony theft and securities fraud.
The Free Beacon reported that Bachar is being investigated for unrelated allegations that he mishandled millions of dollars that week allocated for personal protective equipment when the COVID-19 pandemic was at its peak.
The criminal complaint that the Denver district attorney filed states that Bachar was accused of stealing as much as $1 million and lying to an investor “in connection with the offer, sale or purchase of a security.” His crimes are believed to have taken place between October of 2017 and August of 2018.
Bachar has fired back by claiming that the charges against him are “outrageous, unfounded, and false,” and he looks forward to letting “the facts come to light.”
Bachar has a lengthy history with the Clintons, serving as White House advance lead and in the Treasury Department under former President Bill Clinton before joining the Clinton Global Initiative. He went on to serve on the national finance committee for Hillary Clinton’s failed presidential campaign in 2016 and as an adviser to former governor John Hickenlooper (D. CO). During his time in the private sector, he worked as a corporate attorney and was the co-founder of Empowerment Capital Management was focused on “socially responsible investing.”
On top of all that, Bachar has been accused of pocketing $2 million from health care companies that believed they were purchasing life-saving personal protective equipment such as masks and gowns during the height of the COVID-19 pandemic last year. A Denver-based health care company filed a lawsuit claiming that Bachar had said that he would sell them 4,200 cases of N95 masks for $2.4 million in April 2020, but he never delivered the masks and did not return their initial payment of $604,000.
Earlier this summer, a judge ordered Bachar to pay nearly $4.5 million to the companies he allegedly defrauded. Still, he has not complied with the civil judgments against him at the time of this writing.
Of course, this is far from the first time that a Clinton associate has been exposed as an all-out crook. This is exactly the type of person that the Clintons have surrounded themselves with for decades, and is why they can never be trusted.
— Read on www.redvoicemedia.com/2021/10/long-time-clinton-operative-arrested-hit-with-damning-charges/