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Author Topic: Wyclef = FAIL!  (Read 3367 times)
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« on: October 13, 2012, 08:10:22 PM »

http://www.businessinsider.com/wyclefs-haiti-charity-defunct-after-mishandling-16m-in-donations-2012-10

Wyclef Jean's Yéle Haiti charity, once what the singer said was the country's "greatest asset and ally" is now defunct and in debt.
 
The charity's collapse comes after years of accusations of mishandled funds, which amounted to a reported $16 million following the 2010 earthquake in Haiti.
 
"Yéle was small before the earthquake, with only $37,000 in assets," reports The New York Times. "Immediately afterward, money started pouring in. Mr. Jean said he raised $1 million in 24 hours when he urged his Twitter followers to text donations."
 
Instead of funds going directly to the cause, The Times reports that the organization spent much of its money on "offices, salaries, consultants’ fees and travel," as well as pay for Jean's family, friends and defense attorneys.
 
“If I had depended on Yéle,” said Diaoly Estimé, whose orphanage features a wall painting of Mr. Jean and his wife, “these kids would all be dead by now.”
 
Between 2005-2009, the charity spent "$256,580 in illegitimate benefits to Mr. Jean and other Yéle board and staff members as well as improper or potentially improper transactions."
 
One "improper" use of funds included doling out $30,763 to fly Lindsay Lohan to a fundraiser that raised $66,000 and spending $57,927 on private jets to fly Matt Damon and other celebs to Haiti.
 
Following the earthquake in 2010, Yéle spent $9 million of their $16 million in donations on office space and salaries.
 
Jean himself took $100,000 to perform a charity concert and has given his relatives paychecks of over half a million dollars for unspecified work.
 
Not to mention, The Smoking Gun posted documents showing that the group made payments of over $100,000 to Jean's alleged mistress.
 
At the end of August, Derek Q. Johnson, Yéle’s chief executive, announced his resignation to supporters, saying “As the foundation’s sole remaining employee, my decision implies the closure of the organization as a whole.” (Jean disaffiliated with the charity to run for president of Haiti in 2010--which he was later disqualified from because he lives in New Jersey.)
 
According to The Times, Johnson, a former Time Warner exec, resigned "after Jean declined to accept a settlement proposed by the attorney general covering the charity’s pre-earthquake activities ...The settlement would have required Mr. Jean and the two other Yéle founders to pay $600,000 in restitution 'to remedy the waste of the foundation’s assets.'"


Read more: http://www.businessinsider.com/wyclefs-haiti-charity-defunct-after-mishandling-16m-in-donations-2012-10#ixzz29EthlHMF
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« Reply #1 on: October 13, 2012, 08:16:54 PM »

Dad and the Fat Son have an equally sound track record, spend $1M yearly to publish a newsletter no one ever sees.  
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« Reply #2 on: October 13, 2012, 08:21:24 PM »

Dad and the Fat Son have an equally sound track record, spend $1M yearly to publish a newsletter no one ever sees.  

2 nig pigs - case closed 
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« Reply #3 on: October 13, 2012, 08:24:10 PM »

Dad and the Fat Son have an equally sound track record, spend $1M yearly to publish a newsletter no one ever sees.  

Who? That said, what a shitty thing to do in the name of charity.
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« Reply #4 on: October 13, 2012, 09:35:28 PM »

Who? That said, what a shitty thing to do in the name of charity.

The Manions.....Jim and fat son J.M.
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« Reply #5 on: October 13, 2012, 10:08:20 PM »

Filt
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« Reply #6 on: October 13, 2012, 10:48:50 PM »

99% of all celebrity charities operate in this manner.
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« Reply #7 on: October 14, 2012, 01:46:36 AM »

And that people is why you dont donate to "charities... Roll Eyes
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« Reply #8 on: October 14, 2012, 02:44:55 AM »

And that people is why you dont donate to "charities blaeks... Roll Eyes

Racist post reported.
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« Reply #9 on: October 14, 2012, 03:57:08 AM »

fucking filth

shakira must be proud of her friend. Lips sealed
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« Reply #10 on: October 14, 2012, 03:57:15 AM »

um

please name one good thing to ever come out of haiti....

case closed
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« Reply #11 on: October 14, 2012, 06:31:04 AM »

typical obama voter cant balance a budget
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« Reply #12 on: October 14, 2012, 06:31:23 AM »

um

please name one good thing to ever come out of haiti....

case closed

coffee, dumbass

 Grin
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« Reply #13 on: October 14, 2012, 10:57:53 AM »

"everyone gather around. im about to do something nice"  Roll Eyes

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« Reply #14 on: October 14, 2012, 01:44:13 PM »

Why doesn't CNN beat this story into the ground like all the "save Haiti" bullshit? 
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« Reply #15 on: October 14, 2012, 01:54:59 PM »

  FILT
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« Reply #16 on: October 14, 2012, 01:57:02 PM »

typical obama voter cant balance a budget

 Cheesy
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« Reply #17 on: October 14, 2012, 01:58:15 PM »

Whites cornered the market on scum behavior such as this. Love.the fair and balanced approach 333386.
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« Reply #18 on: October 14, 2012, 03:06:45 PM »

Whites cornered the market on scum behavior such as this. Love.the fair and balanced approach 333386.

how can wyclef be such a fuck up with all that money

you give me a million dollars and ill have you 10 million in 4 years
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« Reply #19 on: October 14, 2012, 03:09:08 PM »

Quote
spending $57,927 on private jets to fly Matt Damon and other celebs to Haiti.


hahaha pure gold.


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« Reply #20 on: October 14, 2012, 03:11:19 PM »


hahaha pure gold.

No shit. Matt Damon is a celeb, like you couldn't just shame him into buying his own ticket.
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« Reply #21 on: October 14, 2012, 03:11:48 PM »

wiggs please speak on the behalf of Wyclef Jen
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« Reply #22 on: October 14, 2012, 03:23:15 PM »

how can wyclef be such a fuck up with all that money

you give me a million dollars and ill have you 10 million in 4 years

It's not at all surprising.  He is a singer; he has no experience in high finance or nonprofit work.  The fact that he is from Haiti was no cause to think that he would competent in running a charity.  I'd like to think he started from a good place, but the fact that he charged his own charity his full market rate for performance work (ostensibly to raise money for the charity) suggests he was too corrupt to be engaged in charity.

In Haiti, Little Can Be Found of a Hip-Hop Artist’s Charity
http://www.nytimes.com/2012/10/12/world/americas/quake-hit-haiti-gains-little-as-wyclef-jean-charity-spends-much.html?_r=1&pagewanted=all

It is hardly a defense but even long standing "legitimate" charities like the United Way and the Red Cross have been plagued by waste, fraud, and corruption.  I remember when the regional President of the United Way Campaign in DC fell from grace when it was revealed he used the charity's money seducing teenage girls and prostitutes and on luxury trips to Vegas and Atlantic City.  Obviously donations to the charity fell off a cliff shortly thereafter. Cry

William Aramony scandal
http://en.wikipedia.org/wiki/William_Aramony
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« Reply #23 on: October 14, 2012, 03:26:15 PM »

A charity that steals money? No way.
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« Reply #24 on: October 14, 2012, 03:55:57 PM »

who cares about haiti. idiots...

the negros where left a paradise by whites and turned it to a hellhole.

(in before Parker slams report button)
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