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 ...
Additional background here: http://www.freerepublic.com/focus/news/2085545/posts
and here: http://freerepublic.com/focus/f-bloggers/2107520/posts
This information needs to get out - ping.
Making your additional links clickable:
http://www.freerepublic.com/focus/news/2085545/posts
http://freerepublic.com/focus/f-bloggers/2107520/posts
having never been to a us school, i’ll bet money, obama doesn’t know the pledge of allegience to the flag
From The Bench: Sunrise Equities and Obama
http://marathonpundit.blogspot.com/2008/10/from-bench-sunrise-equites-and-obama.html
Thank you, Velveeta.
Ping.
Links from post #1
http://www.freerepublic.com/focus/news/2085545/posts
http://freerepublic.com/focus/f-bloggers/2107520/posts
Not to the US flag anyway.
You’re welcome, Lucy.
This is a huge story and the Chicago MSM will not report on it.
The Bench Blogger has done a terrific job of connecting the dots.
Thanks much, Cindy.
That html stuff is still above my paygrade.
How much you wanna bet this not the Sunrise Equities Barack once knew?
How much you wanna bet this is a “distraction”?
Very strange, because the guy has disappeared with the cash!
A finance director, linked to Rick Ayers, hiding in Martinque and shady scam artists like Rezko and Salman Ibrahim. Birds of a Feather Flock Together.
Oops; better ping everyone!
Ping.
Smiling at you..and you’re welcome Vel.
Man, this guy is dirty all over the place. Disgusting.
More of Barry’s shady banking friends from this February 17, 2008...(waaaaay before the meltdown)...here...
http://bfeldman68.blogspot.com/2008/02/obama-campaigns-pritzkersuperior-bank-s.html
The other thing that’s interesting here, is that “Broadway Back” ties into Sunrise Equities as one of the Chicago “Shariah” banks.
Broadway Bank was run by Obama’s bud Alex Giannoulias. Tony Rezko and Obama did their banking at Broadway Bank.
http://www.google.com/search?hl=en&q=obama+%22broadway+bank%22&aq=f&oq=
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