Crooked Kushner hid assets he should have divested, made millions in profits

[Tanuki]

http://www.newsweek.com/jared-kushner-ivanka-trump-white-house-forms-omissions-cadre-millions-679231?amp=1

"Jared Kushner "enriched himself" by not revealing his ownership of a real estate tech business that raised millions of dollars while he served in the government, said a member of the House Judiciary Committee, calling it part of a pattern of unethical behavior that he believes should cause the White House Senior Adviser to be stripped of his security clearance.

Congressman Ted Lieu told Newsweek that Kushner's failure to list a company called Cadre on his initial financial disclosure forms—an oversight that could mean millions for the president’s son-in-law—is an ethical lapse that should have severe ramifications.
........

Kushner’s lawyer has said that her client’s failure to list Cadre on the initial filing in March was merely an "administrative error." But that "error" allowed Kushner to maintain a stake in the start-up at a time when the three-year-old business doubled its venture funding from rich private investors.

Kushner's failure to cite Cadre on his financial disclosure form came as the Office of Government Ethics was deciding whether to grant him a Certificate of Divestiture, which requires incoming government employees to divest "100% of all financial interests" from listed companies so they don't violate conflict-of-interest laws. It also allows those government employees to sell their assets without paying heavy capital gains taxes.
.......

Kushner’s lawyer says Cadre was not specifically cited on the March 9 form because his holding company, BFPS Ventures, acquired his interest in Cadre on February 17. That transaction appears to be noted on his financial records as a $100,000 to $250,000 sale.

But that amount does not match subsequent disclosures. When Kushner finally amended his financial disclosure form on July 21, he valued his interest in Cadre from $5 million to $25 million.
........(more)

[sheshe2]

1. Would love to say I am shocked!

I hate all those grifters.

[BigmanPigman]

2. On the news today they said that he lied over 100 times on his

information that he had to disclose to the government to get his security clearance. Someone in the government said that they have never seen so many ""errors" from any single person's disclosure forms since he has been been employed.

[dalton99a]

7. +1

[Alice11111]

3. Doesn't he need to leave to spend more time with his family?

Oh yeah, his family works at the WH.

[Docreed2003]

4. How many eff ups on this clearance form will be allowed

Before this dicks security clearance is revoked??

[InAbLuEsTaTe]

5. You mean before the dick is arrested and frog marched out of the White House!!

[Docreed2003]

6. True too!

[sunonmars]

8. anyone else would never have got one with these "mistakes" which are not mistakes but deliberate

ommissions and lies.

Should be in jail, this is classed as fraud is it not?