Posted on 10/18/2008 10:31:08 PM PDT by Velveeta
Background of the 2008 Sunrise Equities Scandal
CHICAGO - Barack Obama has strong ties to a Chicago investment company that ripped off investors for a total of approximately $80 million. Sunrise Equities shut down in August when its CEO, Salman Ibrahim, and other top officers vanished. The money seems to have gone with them. Now, the Illinois Secretary of State and the FBI are investigating the scandal.
About 150 investors, mostly Muslim, learned in August that they had lost all of their savings to the Sunrise Equities fraud. Sunrise Equities, a shariah-compliant investment firm, targeted investors who were mostly Pakistani Muslim immigrants. Many the victims took out home-equity loans to make ends meet.
The Muslim Media Network (MMN) reported this on Sept. 11:
"According to latest reports coming from Chicago the management of Sunrise Equities and the affiliated Sunrise Constructions have disappeared after closing their offices. Sunrise CEO Salman Ibrahim, Vice President Amjed Mahmood, and Vice President (Community Relations) Mohammad Akbar Zahid are untraceable."
(snip)
Barack Obama has long had strong ties to Muslims and to Pakistanis. He also has long and strong ties to Sunrise Equities and Salman Ibrahim.
Obama wanted a satellite fundraising office in the “Devon Corridor,” the largely Indian-Pakistani section of Chicago’s West Ridge neighborhood on the north side. Salman Ibrahim was happy to help. Free office space was given to Obama’s campaign within Sunrise’s general offices at 6355 N. Claremont. Obama has long wooed Muslim voters, and did not have a physical presence in this part of Chicago, so the Sunrise location made logistical sense for Obama. It also made sense for Ibrahim and Sunrise as an effort to curry favor with rising star Barack Obama.
Clearly seen in the photos is Barack Obama and Salman Ibrahim.
(SNIP)
Part Two - Obama's Connections...
(Excerpt) Read more at rogersparkbench.blogspot.com ...
Welcome.
Thanks, Velveeta, for linking to my post. This is huge, but I fear it will be dismissed by some as a “local” Chicago story. It’s not, of course, since it is just one more indicator of the nefariousness of Obama’s associations past and continuing. I SHOULD HAVE PART TWO posted on The Bench by Oct. 22 (right now I’m edited a book manuscript with a tight deadline). Keep the faith, and keep up the good work. (PS - “The Bench” is the updated name of “Rogers Park Bench.” They are one and the same.)
This is absolutely the same Sunrise and is NOT a distraction. Sunrise Equities was at the same address in 2004 when they gave Obama free office space as they were in August 2008 when they vanished with $80 million. Absolutely not a distraction. It is the same Sunrise now that donated money and office facilities to Obama in 2004 and 2006.
Contrary to Scotswife’s comment, this is NOT a distraction and is absolutely the same Sunrise Equities today that in 2004 gave Obama free office space. It is the same Salman Ibrahim that was at the 2004 ribbon cutting for the office space that donated a total of $4,000 to Joe Biden in 2006. No, this is not a distraction. It’s the real deal, folks.
Your previous thread about this subject ... it’s just unreal that this is actually happening to our beloved country. Lord, have mercy on us.
Where is Salman Ibrahim [+ OBAMA CHICAGO CONNECTION]
http://www.freerepublic.com/focus/news/2085545/posts
I didn’t know you were a freeper! ;-)
I was just about to email you because I don’t have a blogger account to add a link to your site. Kudos to you and RP1000 for all your follow-up.
I’ve been emailing to everyone. Let’s hope the story gains ground.
Looking forward to part 2,
Scotswife was being sarcastic.
As in “that’s not the Jeremiah Wright I once knew...”
“That’s not the Bill Ayers I once knew”
“That’s not the Tony Rezko.....”
and so on
I assume that what scotswife said was sort of tongue in cheek, and not meant seriously. Freeper humor sometimes takes quite a while to get used to. I think she gets it.
The sad thing is, they are all probably hiding in plain sight.
Amjed Mahmood can easily become Achmed Momound; Obama campaign advisor,- or something.
Mohammad Akbar (like that's his real name- Mohammad is great-Zahid) Abdallah Foobar Ishidden; Acorn Community organizer,- or something.
Salman Ibrahim- Fleabitten Taliban;- New custodian at Ranting Fred's million dollar mortgage free (0%- 0$ a month Acorn mortgage co. retirement home.
It sure seems that now is a good time to disappear ...
Once Obama is elected I bet this becomes a big story
I sure hope Im wrong
I actually expect Hilary to drop whatever she has on Obama next week
I cannot imagine Bill and her sitting still while Obama is elected
Amazing how the MSM can “uncover” Joe the Plumber’s years-old traffic violation from Arizona in less than 2 days, but after 2 years of an Obama candidacy, they still can’t “uncover” all his shadowy connections.
MSM is very confident that Obama will win.
Let’s hope that he doesn’t, and McCain has the balls to makes some laws about media bias and media campaigning
No more Arkanacides. Back to swimming with cement shoes in the Chicago River. All hail Barack!
bookmark
Thanks, Vel.
Is there a single scandal “that one” is not associated with?
Shaking head yet again as I read the headlines this morning in stunned silence. Yes, Starwise, fervent prayers for this country are in order.
Most of Obama’s associations/friends are dangerous anti-American thugs, yet it would appear that the democrat party is poised to get this man elected by hook or by crook, no matter what it ultimately does to our great country!
Very sad.
“Scotswife was being sarcastic.”
Thanks Velveeta!
Yes - it was a sarcastic remark.
It’s become such a common phrase on freepers I didn’t include the /s tag.
You are right rogers - it IS the same company it always was, and it is just another whacky association that can be added to the long list found here...
Thanks ,...there is so much stuff on Barack...and the media isn’t interested...but for Joe the Plumber..they go dumpster diving!
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