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Ex-Clinton Operative Arrested On Felony Fraud Charges


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The former Chair of the Clinton Global Initiative has been charged with felony counts of fraud.

Steve Bachar who has been a longtime associate of both Bill and Hillary Clinton has been charged for allegedly stealing  $100,00 to $1 million.

He was taken into custody and has now been released on a $25,000 bond.

Bachar’s arrest may make the Clinton’s feel a bit squirmy because Bachar could potentially be offered a plea deal in return for  letting out some secrets.

Let’s just hope he makes it to trial, because mysterious things happen to Clinton operatives who get arrested.

The Denver Post reported the story, check out what they had to say:

Denver attorney Steve Bachar will be released from jail on a $25,000 personal recognizance bond, a Denver County Court judge ruled Thursday.

Bachar, 56, was taken into custody at the Van Cise-Simonet Detention Center Tuesday evening on felony charges of theft and fraud, according to online court records. Bachar is accused of stealing between $100,000 and $1 million, as well as lying to an investor, according to a criminal complaint filed against him by the Denver District Attorney’s office.

The crimes are alleged to have happened in 2017 and 2018, court records show.

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Red Voice Media Had more on the story

Denver police have issued a warrant for the arrest of Steve Bachar, a longtime Clinton operative and “socially responsible” investor. The former co-chair of the Clinton Global Initiative has reportedly been charged with felony theft and securities fraud.

The Free Beacon reported that Bachar is being investigated for unrelated allegations that he mishandled millions of dollars that week allocated for personal protective equipment when the COVID-19 pandemic was at its peak.

The criminal complaint that the Denver district attorney filed states that Bachar was accused of stealing as much as $1 million and lying to an investor “in connection with the offer, sale or purchase of a security.” His crimes are believed to have taken place between October of 2017 and August of 2018.

Bachar has fired back by claiming that the charges against him are “outrageous, unfounded, and false,” and he looks forward to letting “the facts come to light.”



 

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