Monica Cannon-Grant Arrested And Charged With 18 Counts Of Fraud After Federal Grand Jury Indictment
We will be discussing this (and reading the court documents) tonight at 9 PM on the Turtleboy Live Show. Click here so subscribe to our YouTube channel. The best way to support Turtleboy’s independent journalism (that leads to outcomes like this) is to join Turtle Club for $15 a month by clicking here. You get access to the members only stream, ad free, and you get a free t-shirt for joining.
Breaking News: Monica Cannon-Grant has been arrested this morning and will be indicted in federal court on fraud charges related to her fraudulent nonprofit Violence In Boston INC. Prosecutors are alleging that she and her husband Clark Grant conspired to use the nonprofit as a way to solicit and receive contributions (from dumb people and organizations that obviously need to read more Turtleboy) which they then used for their own personal expenses and to enrich themselves. Those expenditures were allegedly concealed from Violence in Boston directors, officers and others.
Monica and her husband were charged in an 18 count indictment with two counts of wire fraud conspiracy, one count of conspiracy, 13 counts of wire fraud and one count of making false statements to a mortgage lending business. The indictment also charges Cannon-Grant with one count of mail fraud.
Monica and Clark exercised exclusive control over VIB financial accounts and diverted VIB money to themselves through cash withdrawals, cashed checks, debit purchases and transfers to their personal bank accounts. According to Monica (and our reporting in July of 2020) VIB solicited millions of dollars in donations in 2020 as a result of George Floyd’s death. Monica used grant and donation money to pay for personal expenses including, among other things, hotel reservations; groceries; gas; car rentals; auto repairs; Uber rides; restaurants; food deliveries; nail salons; and personal travel. The defendants did not disclose to other VIB directors or VIB’s bookkeepers or financial auditors that they had used VIB funds for such payments. In other words, Zeina Merchant cooperated with federal officials and told them that she had nothing to do with the missing money.
The charges of wire fraud conspiracy each provide for a sentence of up to 20 years in prison, up to three years of supervised release and a fine of up to $250,000 or twice the gross gain or loss from the offense. The charge of conspiracy provides for a sentence of up to five years in prison, three years of supervised release and a fine of up to $250,000. The charges of wire fraud each provide for a sentence of up to 20 years in prison, up to three years of supervised release and a fine of up to $250,000 or twice the gross gain or loss from the offense. The charge of making false statements to a mortgage lending business provides for a sentence of up to 30 years in prison, up to five years of supervised release and a fine of up to $1 million. Sentences are imposed by a federal district court judge based upon the U.S. Sentencing Guidelines and statutes which govern the determination of a sentence in a criminal case.
Obviously this is a great day, and one that never would’ve happened if we had not been exposing and highlighting VIB’s fraud in our investigative reporting. We will have more details as they emerge.