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Democrat Rep Caught with over $30M Nonprofit Funds Stashed in Offshore Cayman Islands Account

Democrat Rep. Daniel Goldman (D-NY) has been caught with over $30 million in private nonprofit funds stashed in an offshore Cayman Islands tax haven account.

Goldman’s organization reported investments worth $32.2 million that are being held in the Cayman Islands, a popular tax haven for wealthy investors and hedge funds.

The funds are being held on behalf of the Richard W. Goldman Family Foundation.

Goldman, one of the wealthiest members of Congress, founded the charity a decade ago with his two siblings in memory of their father.

The organization’s claimed goal is to “promote equality” and eliminate barriers for the disadvantaged.

The foundation has investments worth $6.1 million and $26.1 million, respectively, in two private funds based in the Cayman Islands.

The funds are being funneled offshore by the U.S. firm BBR Partners LLC, according to the group’s most recent tax filings.

Documents filed with the Securities and Exchange Commission (SEC) show the two funds, BBR Equity Long/Short Ltd. and BBR Absolute Return Ltd., are organized in the Cayman Islands.

SEC documents list Goldman as the financial director for the Goldman Foundation.

As the financial director, Goldman has full control over where and how its assets are managed.

Democrat Rep Calls for Trump to Be ‘Eliminated’

Democrat Rep. Dan Goldman (D-NY) has provoked a widespread backlash over remarks he made about President Donald Trump.

During an interview with former White House press secretary Jen Psaki on MSNBC Sunday, the New York lawmaker called for Trump to be “eliminated.”

While making his case, Goldman cited Trump’s allegedly “dangerous” rhetoric.

Speaking with Democrat President Joe Biden’s former spokeswoman, Goldman was discussing Trump’s ongoing legal challenges.

Specifically, they spoke about the politically motivated civil case by Democrat New York Attorney General Letitia James.

“His rhetoric is really getting dangerous, more and more dangerous,” Goldman claimed.

“Now, and his recent True Social post, it’s incredibly, incredibly scary for anyone that might be trying to work in government.”

“It is just unquestionable at this point that that man cannot see public office again.

“He is not only unfit; he is destructive to our democracy, and he has to be eliminated,” Goldman declared.

Rep. Daniel Goldman (D-N.Y.) apologized Monday for his “poor choice of words” when he said former President Trump must be “eliminated” to protect democracy.