Fraud? Feds Investigate BLM’s $90M Windfall plus Silver Market Crisis 2025 w Dr Kirk Elliot
The Ben Ferguson Podcast
iHeartPodcasts
4.9 • 4.7K Ratings
🗓️ 3 November 2025
⏱️ 31 minutes
🧾️ Download transcript
Summary
🔍 1. DOJ Investigation into Black Lives Matter (BLM)
- The Department of Justice is reportedly investigating Black Lives Matter Global Network Foundation for alleged misuse of donations received during the 2020 racial justice protests.
- Allegations include:
- Purchase of a $6 million mansion.
- Hosting personal parties at the property.
- Lack of transparency in financial reporting.
- The investigation began under the Biden administration but has gained momentum under Trump’s administration.
- BLM claims it is not a target and remains committed to transparency.
Tone: Critical of BLM leadership and skeptical of their financial practices.
🕵️♂️ 2. Jack Smith & Arctic Frost Investigation
- Former Special Counsel Jack Smith is accused of conducting a broad and secretive investigation into Trump-linked individuals and entities.
- Allegations include:
- Issuing 197 subpoenas targeting 430+ Republicans.
- Secretly obtaining bank records of Trump Media & Technology Group (TMTG) before it was officially formed.
- Surveillance of eight U.S. Senators and other GOP figures.
- GOP leaders like Jim Jordan and Devin Nunes claim this was a politically motivated fishing expedition.
- There are calls for accountability, transparency, and even impeachment of judges involved in approving surveillance.
Tone: Strongly accusatory, framing Jack Smith and DOJ actions as part of a “deep state” effort to undermine Trump and conservatives.
💰 3. Gold, Silver & Economic Commentary
- The podcast shifts to a discussion with Dr. Kirk Elliott of Kirk Elliott Precious Metals, focusing on:
- The impact of interest rate cuts on gold and silver markets.
- Predictions of increased demand due to global instability and industrial needs.
- Upcoming changes allowing precious metals and crypto in 401(k) retirement accounts.
- Concerns about silver shortages, especially in London, and potential geopolitical implications involving China.
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Transcript
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| 0:00.0 | This is an I-Heart podcast. |
| 0:05.0 | The Department of Justice we now have learned is investigating Black Lives Matter. |
| 0:11.8 | Why? For the misuse, they're saying, of donations. |
| 0:16.8 | The Justice Department is probing whether Black Lives Matter defrauded donors who sent the organization millions of dollars during the racial justice protests in 2020, this coming from the Associated Press. |
| 0:30.8 | We also know that federal law enforcement authorities have issued subpoenas and served a search warrant as part of an investigation into Black Lives Matter, |
| 0:40.9 | the Global Network Foundation, Inc. |
| 0:43.4 | That helped ignite the protests in U.S. cities following the death of George Floyd in Minnesota in May of 2020, |
| 0:51.5 | that coming again from anonymous sources. |
| 0:57.9 | Now, protests in some locations resulted in deaths, lots of rioting, looting, fires, and extensive property destruction, according to the |
| 1:05.4 | Associated Press. It was not clear if the investigation would result in criminal charges, but its mere existence invites fresh scrutiny to a movement that in recent years has faced criticism about its public accounting of donations it has received. |
| 1:24.6 | The Justice Department, by the way, has declined to comment on the report. Why? Because |
| 1:29.5 | clearly they're working on this and they don't want to tip anyone off. Now, the investigation |
| 1:34.5 | actually began, just so you understand the timeline here, in the Biden administration. That |
| 1:41.0 | according to one of the AP sources and has received renewed attention during the Trump administration. |
| 1:47.8 | The BOM Foundation said it took in over $90 million in donations following the highly publicized death of George Floyd, |
| 1:57.0 | who was seen on that viral video struggling to breathe under the knee of a white Minneapolis police officer, |
| 2:02.6 | who was later convicted of murder. |
| 2:05.6 | Now, critics have accused the nonprofit foundation of not being forthcoming about how it was spending the donations that they were receiving |
| 2:14.6 | that were in the tens of millions of dollars. |
| 2:16.6 | Critics of the organization have looked at a very shocking moment in 2022 when it was learned |
| 2:24.1 | that some of the funds that were raised in the name of George Floyd actually went to |
| 2:29.5 | purchase a six million dollar mansion in Los Angeles, six bedrooms, six baths, a swimming pool, |
... |
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