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Commiefornia Corruption Exposed as ‘Homelessness’ Funds May Have Been Laundered

by JD Rucker
December 20, 2024
in Videos
Reading Time: 1 min read

California has become the most corrupt state in the nation, usurping Illinois, New York, and Pennsylvania when it comes to kickbacks and political pay-to-play schemes. A recent thread on X demonstrates one of the various ways the Democrat hellhole is potentially laundering taxpayer funds, this time through the “homelessness” debacle.

X user @5149jamesli uncovered a huge scandal that we discussed on today’s episode of The JD Rucker Show.

Christian and Conservative news hand-curated the way it’s supposed to be. Stay full-MAGA despite the so-called “civil war” waged by the Islam-loving “woke right”.

? I may have uncovered a MASSIVE scandal in CA.

Gavin Newsom claims $24B for homelessness went "missing".

Well, I found evidence of CA officials possibly, allegedly, embezzling hundreds of millions, if not billions of dollars through a sketchy Cayman Islands group! ?

?1/ pic.twitter.com/glUUMnLbZR

— James Li (@5149jamesli) December 20, 2024

3/ What kinds of "unprecedented investments" you might ask?

Well, this is where things start to get sketchy.

Enter Todd Gloria, the Mayor of San Diego, who has been on a tear — making housing deal after housing deal — which he claims will "address homelessness." pic.twitter.com/YVmJj4EOJn

— James Li (@5149jamesli) December 20, 2024

5/ But here is where things gets even sketchier.

There is one investment group that pops up over and over again in all these city housing deals — the Chelsea Investment Corporation. pic.twitter.com/yOZP4hY1U3

— James Li (@5149jamesli) December 20, 2024

7/ You ready for a real doozy?

Property records of their HQ address shows:
– 2016: Sold for $3.5M, $3.15M financed.
– 2023: Another transaction for an "undisclosed price," but $68M financed.

The kicker, the lender is the SD Housing Authority.

Not suspicious at all… ? pic.twitter.com/KFhh7rrYoB

— James Li (@5149jamesli) December 20, 2024

9/ One thing we do know: When Todd Gloria the chair of the San Diego's Budget and Finance Committee, records show the the Founder and then CEO of Chelsea Investment Corp. was a major donor to Gloria's campaign.

Quid Pro Quo? ? pic.twitter.com/IuPqoATxPs

— James Li (@5149jamesli) December 20, 2024

11/ Final thoughts:

1) This is just the tip of the iceberg in the search for billions of "missing" dollars.

2) Legacy media have failed — it’s up to independent journalists to uncover the truth.

Big thanks to @AssyrianAngel28 and @Melissa_in_CA for their help!

— James Li (@5149jamesli) December 20, 2024

We’ll hopefully get some updates as soon as possible.

Great job surfacing this, James Li!

"Commiefornia Corruption Exposed as 'Homelessness' Funds May Have Been Laundered" pic.twitter.com/G6bVHMWjSr

— JD Rucker (@JDRucker) December 20, 2024

Pro-MAGA. Pro-Trump. Pro-America. Pro-Family. Most importantly, Pro-Jesus. Here’s the news aggregator that delivers what America needs right now: jdrucker.com

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Tags: CaliforniaLedeThe JD Rucker ShowTop Story

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