EXCLUSIVE: Green Energy Investor Arrested In Securities Fraud Probe
Democrat activists pledge deeds to mansions as bail for 'flight risk'
By Luke Rosiak
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Jan 7, 2025 DailyWire.com
Ibrahim AlHusseini, a left-wing venture capitalist who invests in “climate-restoring technologies” and donated more than $300,000 to Democrats, has been arrested on suspicion of securities fraud, The Daily Wire has learned.
According to allegations in civil and criminal court papers, he swindled investors in a deal involving $150 million in stock in Aspiration, a progressive banking app and carbon-credits company with the tagline “clean rich is the new filthy rich,” and which has faced probes from the government and others for alleged “greenwashing.”
Investors say they lost $150 million due to the fraud, while AlHusseini transferred $300 million to Saudi Arabia to avoid his debts.
AlHusseini, who was raised in Saudi Arabia by Palestinian parents and says he has raised half a billion dollars in capital, largely for green energy firms, leads the investment firm FullCycle and was a board member of CodePink, which stakes out the U.S. Capitol to harass lawmakers who support Israel and which calls the Gaza war the “US-Israel Holocaust.”
https://www.dailywire.com/news/exclusive-green-investor-climate-change-activist-charged-with-securities-fraud
