Politics Steve Bachar, who specializes in 'socially responsible' investing, also accused of stealing funds earmarked for life-saving PPE at height of COVID-19 pandemic.
Authorities in Denver have ordered the arrest of Steve Bachar, a longtime Clinton operative and "Socially responsible" investor who has been charged with felony theft and securities fraud.
The former co-chair of the Clinton Global Initiative is also under investigation for unrelated allegations that he mishandled millions of dollars allocated for personal protective equipment at the height of the COVID-19 pandemic.
The former Clinton operative told the Denver Post the criminal charges were "Outrageous, unfounded, and false," and he looks forward to letting "The facts come to light."
Bachar, who served as White House advance lead and in the Treasury Department under former president Bill Clinton before joining the Clinton Global Initiative, also served on the national finance committee for Hillary Clinton's failed presidential campaign in 2016 and as an adviser to former governor John Hickenlooper.
In 2020, at the height of the COVID-19 pandemic, Bachar allegedly pocketed nearly $2 million from health care companies that believed they were purchasing life-saving personal protective equipment such as masks and gowns.
In other words, a longtime Clinton associate was caught behaving like a longtime Clinton associate.
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Wednesday, October 27, 2021
Former Clinton Operative Charged With Securities Fraud
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