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Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsJared Kushner Hid A Company On Forms Then Profited (Corruption)
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 formsan oversight that could mean millions for the presidents son-in-lawis an ethical lapse that should have severe ramifications.
"It appears [Kushner] ended up being the beneficiary of that omission," said Lieu, a California Democrat. "He enriched himself by failing to disclose the asset."
http://crooksandliars.com/2017/10/jared-kushner-hid-company-forms-then
Angry Dragon
(36,693 posts)just a den of snakes and liars
riversedge
(70,186 posts)He is a dishonest man. Simple as that.
...........Kushners lawyer has said that her clients 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.
The timeline suggests more than just an inadvertent oversight, but an effort by Kushner to hold onto Cadre rather than be forced to divest his interests in the emerging company, according to ethics experts.
On March 9, Kushner submitted his original financial disclosure form to the Office of Government Ethics. It did not specifically list Cadre as one of Kushner's assets, though he co-founded the company with his brother, Joshua Kushner and his Harvard classmate Ryan Williams, who remains Cadre CEO.