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'''Frank R. White, Jr.''' was the National Vice-Chair of President Obama’s 2012 re-election campaign and served as a Co-Chair for President Obama’s 2013 Inauguration Committee. White is the Founder and CEO of [[DuSable Capital Management]], overseeing all investments, investor relations, and operations at DuSable. Prior to founding DuSable, White founded and served as Chairman and CEO of Advanced Concepts, Inc., a technology company and supplier of engineering and information technology support services to the Federal Government, primarily within the [[U.S. Intelligence Community]].
'''Frank R. White, Jr.''' was the National Vice-Chair of President Obama’s 2012 re-election campaign and served as a Co-Chair for President Obama’s 2013 Inauguration Committee. White is the Founder and CEO of [[DuSable Capital Management]], overseeing all investments, investor relations, and operations at DuSable. Prior to founding DuSable, White founded and served as Chairman and CEO of Advanced Concepts, Inc., a technology company and supplier of engineering and information technology support services to the Federal Government, primarily within the [[U.S. Intelligence Community]].
==1MDB scandal==
[[File:1MDB scandal.jpg|left|360px|thumb|After the 2012 election, Obama's chief fundraiser was involved in the 1MDB scam, channeling money from the 1Malaysian Development Berhad to Democratic candidates through Yarus Private Equities Fund.]]
After the 2012 election, Obama's chief fundraiser continued raising money for Democratic candidates. [[Frank R. White, Jr.]] and [[Pras Michel]] formed a joint venture with 1Malaysian Development Berhad (1MDB), wholly owned by the Malaysian government. The venture supposedly was to invest in green technology and solar panels, but corrupt officials of 1MDB were more interested in buying influence with the [[Obama administration]] and the [[Democratic party]], and White and Pras likewise were not interested in providing a renewable source of electricity or solving the problems of [[poverty]] for Malaysia's 30 million people.
Malaysians have a median household income of $4500, so the theft of $4.5 Billion by [[globalism|globalists]] pushing green technology and Democrats looking for foreign money to finance their campaigns cause they can't sell their ideas at home, had a devastating impact on the Malaysian people, economy, and political culture.
White and Pras got two anonymous investors to lend a half of a Trillion dollars for a a little over a two year period. They formed a joint partnership agreement with 1MDB to build a green technology solar plant. White and Pras owned 49%, 1MDB controlled 51%. White was suppose to provide financial advice. His advice turned out to be for 1MBD to buy out his 49% for $69 million six months after the agreement was signed, without White's entities investing any of the half Trillion he borrowed. Portions of the $69 million were then donated to Democrat Senate, Congressional, and Gubernatorial candidates. The $69 million Democrats stole from the people of Malaysia during the Obama presidency is only a fraction of the corrupt deals 1MDB did all over the planet. Much of the $4.5 Billion embezzled was laundered through U.S. banks, and has become the largest investigation ever under the Kleptocracy Asset Recovery Act.
===[[Dark money]] scam===
White launched DuSable Capital Management on July 16, 2013. According to its initial [[SEC]] filing the firm claimed it will focus on global investments with specific interest in [[Malaysia]], [[Russia]], [[Indonesia]], [[Burma]], [[Brazil]], Mexico and [[India]], <ref>https://web.archive.org/web/20131024135901/http://www.adviserinfo.sec.gov/Iapd/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=203650</ref> Shortly after its launch, DuSable raised a $505,000,000 fund called the Yurus Private Equity I, LP.
:*In its 26 month existence it only had one client - 1Malaysian Development Berhad (1MDB) - which lost $3.5 Billion in the interim. 1MDB paid DuSable $69 million to severe a partnership agreement that DuSable made no investment in. Some of the proceeds were donated to Democrat congressional and gubernatorial campaigns.<ref>http://www.sarawakreport.org/2015/11/1mdb-sleaze-spreads-to-us-democrats-on-eve-of-obama-visit-investigation/</ref>
==See also==
==See also==