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View Full Version : Wyclef Has Been Pocketing Charity Money Intended For Haiti


Mcthuggin99
01-16-2010, 12:11 PM
JANUARY 14--The Haiti earthquake has already triggered hundreds of thousands of donations to musician Wyclef Jean's charitable foundation, which expects to raise upwards of $1 million a day in the disaster's wake.

However, Internal Revenue Service records show the group has a lackluster history of accounting for its finances, and that the organization has paid the performer and his business partner at least $410,000 for rent, production services, and Jean's appearance at a benefit concert. Though the Wyclef Jean Foundation, which does business as Yele Haiti Foundation, was incorporated 12 years ago--and has been active since that time--the group only first filed tax returns in August 2009.

That month, the foundation provided the IRS with returns covering calendar years 2005, 2006, and 2007--the only periods for which it has publicly provided a glimpse at its financial affairs. In 2006, Jean's charity reported contributions of $1 million, the bulk of which came from People magazine in exchange for the first photos of a pregnant Angelina Jolie (the actress reportedly directed that the publication's payment go to Jean's charity, not her personally). As seen on the following pages from the foundation's 2006 tax return, the group paid $31,200 in rent to Platinum Sound, a Manhattan recording studio owned by Jean and Jerry Duplessis, who, like Jean, is a foundation board member. A $31,200 rent payment was also made in 2007 to Platinum Sound.

The rent, tax returns assure, "is priced below market value." The recording studio also was paid $100,000 in 2006 for the "musical performance services of Wyclef Jean at a benefit concert." That six-figure payout, the tax return noted, "was substantially less than market value." The return, of course, does not address why Jean needed to be paid to perform at his own charity's fundraiser. But the largest 2006 payout--a whopping $250,000--went to Telemax, S.A., a for-profit Haiti company in which Jean and Duplessis were said to "own a controlling interest."

The money covered "pre-purchased...TV airtime and production services" that were part of the foundation's "outreach efforts" in Haiti. No further description of these services was offered, though the return claimed that "the fees paid are below market" and that the use of Telemax was the "most efficient way of providing these services." The group's tax returns also report "consultant" payments totaling $300,000 between 2005-2007, while the 2006 return reported nearly $225,000 in "promotion and PR" costs. These expenses are not itemized further in the IRS returns. (6 pages) .



http://i.cdn.turner.com/trutv/thesmokinggun.com/graphics/art4/0114102wyclef1.gif

food for thought
01-16-2010, 12:19 PM
lol where does it say s hes pocketing the money?

ok they didnt file tax returns,

dosetn necessarily mean hes pocketing the charity money from the past few days


However, Internal Revenue Service records show the group has a lackluster history of accounting for its finances, and that the organization has paid the performer and his business partner at least $410,000 for rent, production services, and Jean's appearance at a benefit concert.

when?

was it 4 years ago, or was it 2 days ago?

who ever wrote this article is a dumb ass lol



thread title is false.

Ghost In The 'Lac
01-16-2010, 12:53 PM
Wasnt he pretending to be Jamaican for the first 25 years of his life anyway?

Hes never exactly embraced his Hatian roots until people actually found out he was Haitian.

Ive never been to Haiti but I know they dont speak with a Jamaican accent, and Jamaican slang like Wyclep was always doing.

I dont have any problems with Clef, im just saying.

Ghost In The 'Lac
01-16-2010, 12:56 PM
And if you think Wyclef is bad, go check out the Red Cross' record with 'charity funds'.

food for thought
01-16-2010, 12:57 PM
lol

what type of an irrelevant ass post is that?

Wasnt he pretending to be Jamaican for the first 25 years of his life anyway?

i disagree

Ghost In The 'Lac
01-16-2010, 01:01 PM
If you need me to spell it out for you, the point is the story would be more shocking if he was a known to be a proud Haitian.

While its well known he fucking hates the fact hes from Haiti, therefore this story is not surprising.

Senator C. Palantine
01-16-2010, 01:45 PM
He speaks on being Haitan on The Score...and if you're listening to Wyclef on anything other than that album, you need to have a word with yourself.

food for thought
01-16-2010, 01:53 PM
the point is the story would be more shocking if he was a known to be a proud Haitian

lmao

Jammin
01-16-2010, 02:17 PM
http://www.allhiphop.com/stories/news/archive/2010/01/16/22098509.aspx


Wyclef Defends Yele Allegations Of Fiscal Inconsistency
Saturday, January 16, 2010 10:39 AM | 13 comments
By Houston Williams
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Wyclef returned to his native Haiti at the Port-au-Prince airport the day after the thousands upon thousands were killed in a lethal 7.0 earthquake. Thursday, the entertainer then began clearing the dead bodies of his country’s inhabitants off of the streets. Among other matters, he’s issued a plea to the President, started to plan telethon with George Clooney and his tireless lobbying.

Despite his efforts, the singer/rapper now must contend with allegations of misappropriated funds from his Yéle Haiti Foundation, according to a report from The Washington Post. "It seems clear that a significant amount of the monies that this charity raises go for costs other than providing benefits to Haitians in need," said Dean Zerbe, national managing director of Alliant Group, a tax services company.

Hugh Locke, President of Yéle Haiti, countered the notion in a statement that was issued to AllHipHop.com early Saturday morning.

“Wyclef Jean, the founder of Yéle Haiti has never profited from his organization. It’s a shame that during this international emergency, we have had to divert resources away from our response efforts to address these allegations,” Locke said.

Locke also told the Post, “I think people should be very comfortable that any money given to Yele Haiti is going 100 percent to emergency relief." He also stated that Wyclef’s status in Haiti gives them more access to those that truly need the money.

Furthermore, Locke stated that the organization has used monies raised for scholarships, a soccer team, various educational trips, employs natives and also established a food program that distributed supplies after a 2008 hurricane.

At press time, the Yéle Haiti Foundation had raised over $2 million in contributions, largely through texted donations.

Locke, through Yéle Haiti’s PR company, sent AllHipHop.com a list of “Financial Facts,” which can be seen below.

Fact: Yéle Haiti, originally called the Wyclef Jean Foundation, filed a tax return in 2000 and then suspended activities until 2005 and so was not required by law to file a tax return until it resumed operation.

Fact: Yéle Haiti received a clean bill of health in independent external audits conducted in 2005, 2006, 2007 and 2008 by the firm of Tempesta & Farrell, P.C..

Fact: Yéle Haiti was guided by the firm of Grant Thornton LLP to ensure that all transactions involving board members Wyclef Jean and Jerry Duplessis were conducted to fully comply with both the spirit and letter of the law governing such matters.

Fact: Yéle Haiti offices are located in Platinum Sound, the recording studio owned by Wyclef and Jerry Duplessis in order to save money. The organization pays only $2,600 a month for the space and a shared reception service, instead of considerably more for the same arrangement in midtown Manhattan.

Fact: Wyclef Jean was paid $100,000 in connection with a benefit concert in Monte Carlo in 2006, which was organized by a for-profit organization. The vast majority of that amount went towards costs related to the performance, including the hiring of backing musicians and other costs related to the production.

Fact: Yéle Haiti purchased $250,000 of airtime on the commercial television station Telemax in Haiti that is owned by Wyclef and Jerry. We have documentation allocating the hundreds of hours of Yéle programming, over several years, that addressed a wide range of development and social issues in Haiti.

ALCATRAZ
01-16-2010, 02:20 PM
i hate hearin wyclef's name i hate seein tha nigga's face i wish he wasnt in the music industry so i didnt have to hear about him

Luz
01-16-2010, 02:27 PM
Still doesn't explain why that faggot paid himself $100,000 for a benefit concert he set up.

Tommy
01-16-2010, 02:51 PM
He speaks on being Haitan on The Score...and if you're listening to Wyclef on anything other than that album, you need to have a word with yourself.

Or "The Carnival".

ALCATRAZ
01-16-2010, 03:57 PM
http://i35.tinypic.com/2qtig4m.jpg

lol

Tecknowledgist
01-16-2010, 05:02 PM
first Canibus? NOW HAITI?!

when will this madness end!!

RynMur
01-16-2010, 05:56 PM
Is this really the time to question where every dollar is spent? Wyclef is in Haiti with his family picking up dead bodies for christ sake. What the fuck is The Smoking Gun (released tax statements) doing?