Black Lives Matter raked in millions after the George Floyd riots.
Now questions about where all that money went are getting answered.
And the Justice Department just dropped the hammer on BLM leaders with one massive investigation.
Federal prosecutors issue subpoenas and search warrants
The Justice Department launched a fraud investigation into whether Black Lives Matter leaders defrauded donors out of tens of millions of dollars raised during the 2020 riots.¹
Prosecutors have hit the Black Lives Matter Global Network Foundation and related organizations with subpoenas while also executing search warrants as part of the probe.²
The investigation centers on the staggering amount of money that poured into BLM coffers after George Floyd's death.
The foundation raised over $90 million in donations in 2020 alone and pulled in another $75 million in 2021.³
But where did all that money go?
Donors who opened their wallets believing they were supporting racial justice causes are now learning the ugly truth about how BLM leadership lived high on the hog while activists on the ground got nothing.
Trump's Justice Department is giving renewed focus to a probe under U.S. Attorney Bill Essayli in the Central District of California.⁴
Essayli knows exactly what BLM is about — he previously represented a couple charged with defacing a BLM mural and called the organization "radical" while arguing his clients were simply expressing their political views.⁵
Now he's leading the investigation that could finally expose the massive scam BLM has been running for years.
The lavish lifestyle BLM leaders enjoyed while donors got played
Critics have been sounding the alarm about BLM's finances for years while getting dismissed as right-wing conspiracy theorists.
Turns out they were right all along.
BLM foundation leaders admitted in 2022 they used donation money to purchase a $6 million Los Angeles property with six bedrooms and bathrooms.⁶
The latest financial filing shows the foundation still had $28 million in assets as of June 2024 — meaning they've burned through roughly $137 million in just four years.⁷
But the real scandal goes way beyond one mansion.
Marxist BLM co-founder Patrisse Cullors went on a real estate buying spree that would make any capitalist proud.
She scooped up four high-end homes totaling $3.2 million, including properties in Los Angeles and a custom ranch in Georgia complete with an airplane hangar.⁸
Cullors claimed she never took a salary from BLM after 2019 and insisted her book deals and other ventures funded her lifestyle.⁹
She resigned as executive director in 2021 after the outcry over her real estate purchases, calling criticism a "right-wing offensive" against Black activists.¹⁰
The self-described Marxist living in million-dollar homes while everyday people who donated to fight racism got nothing in return perfectly captures the hypocrisy at the heart of this movement.
This isn't the first BLM leader caught stealing from donors
Federal prosecutors already put one BLM leader behind bars for running the exact same scam.
Tyree Conyers-Page, who headed Black Lives Matter of Greater Atlanta, was sentenced to 42 months in prison in October 2024 after being convicted on wire fraud and money laundering charges.¹¹
Prosecutors proved Conyers-Page defrauded 18,000 donors out of more than $450,000 they believed would support racial justice causes.¹²
Instead, he spent donor money on entertainment, hotel rooms, designer clothes, firearms, and a house in Ohio he planned to use as his personal residence.¹³
The convicted fraudster kept collecting donations through Facebook even after his organization lost its tax-exempt status for failing to file required IRS forms for three years straight.¹⁴
Conyers-Page posted constantly about George Floyd and social justice issues to maintain the appearance his charity was legitimate while pocketing every dollar for himself.
At trial, he had the nerve to claim the lavish lifestyle he flaunted on social media was just a "reasonable salary" for running the organization — even though he admitted never consulting anyone about what he should be paid.¹⁵
The pattern is crystal clear.
BLM leaders saw the George Floyd tragedy as an opportunity to get rich quick by exploiting people's genuine desire to fight racism.
They collected millions in donations, lived like royalty, and gave almost nothing to the communities and causes they claimed to represent.
Several states opened their own probes into how BLM spent donor money back in 2020, but most quietly fizzled out without any real action.¹⁶
Now the Trump Justice Department is finally doing what Biden's DOJ should have done years ago — holding these con artists accountable for defrauding hundreds of thousands of Americans who donated in good faith.
The investigation sends a message that nobody gets to hide behind social justice rhetoric while running a massive fraud scheme.
¹ Associated Press, "Justice Department investigating fraud allegations in Black Lives Matter movement," October 30, 2025.
² Ibid.
³ Ibid.
⁴ Ibid.
⁵ Ibid.
⁶ Ibid.
⁷ Ibid.
⁸ New York Post, "Inside BLM co-founder Patrisse Khan-Cullors' million-dollar real-estate buying binge," April 11, 2021.
⁹ Black Enterprise, "BLM Co-Founder Patrisse Khan-Cullors Shuts Down 'Real Estate Buying Binge' Claims," April 16, 2021.
¹⁰ Ibid.
¹¹ The Post Millennial, "BLM fraudster Tyree Conyers-Page sentenced to 42 months in prison," October 4, 2024.
¹² Ibid.
¹³ Ibid.
¹⁴ Ibid.
¹⁵ Fox 5 Atlanta, "Sir Maejor Page trial: Ex-BLM leader sentenced to federal prison," October 4, 2024.
¹⁶ Associated Press, "Justice Department investigating fraud allegations in Black Lives Matter movement," October 30, 2025.
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