Federal Agents Investigate Where Black Lives Matter’s Millions Really Went [WATCH]

Federal prosecutors have launched an investigation into senior leaders of the Black Lives Matter Global Network Foundation (BLMGNF) amid allegations that tens of millions of dollars raised during the 2020 protests were mishandled, according to two sources familiar with the matter who spoke with Fox News.

The probe, led by the U.S. Attorney’s Office for the Central District of California, is reportedly focused on whether officials with the organization or its affiliated groups improperly used charitable donations collected following the death of George Floyd in May 2020.

The foundation reported raising more than $90 million that year as demonstrations spread across the United States.

JUST IN: Black Lives Matter, and its founders, Patrisse Cullors and Alicia Garza, are under federal investigation for defrauding donors out of $90 million. pic.twitter.com/pla79WUMni

— Bad Hombre (@joma_gc) October 30, 2025

Investigators have issued subpoenas and executed at least one search warrant as part of the ongoing inquiry, according to the report.

No criminal charges have been filed at this time, and the Department of Justice has not commented publicly on the case.

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The Associated Press first reported on the investigation, noting that it began during the Biden-Harris administration but has continued under President Donald Trump’s Justice Department.

The inquiry reportedly also encompasses other Black-led activist groups that gained prominence during the 2020 protests.

In a statement to the Associated Press, the Black Lives Matter Global Network Foundation denied that it is the subject of a federal criminal investigation.

“We remain committed to transparency and accountability,” the organization said.

Questions about BLMGNF’s finances have persisted for years. In early 2022, several state attorneys general launched inquiries into whether the organization had properly disclosed its financial activity and charitable status.

Tax filings released later that year showed that the group had paid millions of dollars to firms linked to individuals with ties to the organization, prompting renewed scrutiny from watchdog groups and lawmakers.

The latest federal probe comes after a series of internal disputes and lawsuits involving BLM-affiliated entities.

As reported by The Post Millennial in February, documents showed that the United States Agency for International Development (USAID) issued a $24.7 million grant to the George Soros–funded Tides Center during the same period the foundation was raising record sums.

Of that amount, more than $12.6 million was later directed to BLM Grassroots, a separate organization connected to local Black Lives Matter chapters.

The revelation followed a lawsuit filed by the Black Lives Matter Global Network Foundation against the Tides Center in California, accusing the nonprofit of withholding $33 million in donations.

Tides officials responded that the disputed funds had been designated for BLM Grassroots and other racial justice initiatives rather than the foundation itself.

The dispute between BLMGNF and BLM Grassroots has shown the internal divisions that have emerged since the 2020 protests, as competing factions have accused each other of financial mismanagement and lack of accountability.

Public records indicate that some local BLM chapters distanced themselves from the national organization following questions over how donations were being distributed.

🚨 BREAKING: Black Lives Matter is in BIG TROUBLE as the Trump DOJ investigates BLM founders for soliciting tens of MILLIONS during the 2020 riots – then a cofounder bought a MANSION.

BLM might’ve defrauded donors.

“BLM reported over $90 MILLION in one year, 2020.”

“One of the… pic.twitter.com/1Rq0izAEJM

— Eric Daugherty (@EricLDaugh) October 31, 2025

The Black Lives Matter Global Network Foundation, founded in 2013, became one of the most prominent activist organizations in the country after Floyd’s death, with its leadership publicly pledging to use the surge in donations to support local initiatives, voter mobilization, and policy advocacy.

However, the group has faced ongoing criticism over its lack of financial transparency and organizational structure.

Federal investigators have not announced a timeline for the completion of the probe, and it remains unclear whether any charges will be brought.

The inquiry marks the most significant federal action to date involving the organization’s finances since its rapid rise to national attention five years ago.