BREAKING NEWS – New York City, New York – The Black Lives Matter organization is no stranger to financial controversy, but this time the organization is sparking headlines over its massive deficit amid bankruptcy fears.

The Black Lives Matter Global Network Foundation ended the financial year with a deficit of $8,559,748 while still paying companies owned by people close to the organization millions, a number that represents a staggering decline from the $42 million it banked last year after expenses,

What happened to all of the money? Former leader Patrisse Cullors has no doubts.

“It’s obvious where all of the money went,” explained Cullors. “Somehow, white people came in and stole it, and that money needs to be replaced through more donations. I know for sure that no black people stole it, because we don’t have a history of robbing each other.”