It points to something hinky, but it’s not complete proof. If it’s correct, then the money is just sitting in an account. It’s not going into anybody’s pockets (although the interest might?). The open question is if the IRS form is accurate to the amount of money just sitting there. If not, then this starts to look like criminal tax fraud.
This could still come down to incompetence rather than malice. That said, the quote from the UCSF guy who was fired years before the charity existed does lean more towards malice.
One other thing to note is that while Karl Jobst does have a legal background, it’s in Australia. The US is also a common law system, but there are enough differences that Karl might not realize what is and isn’t illegal.
frezik@midwest.social 11 months ago
It points to something hinky, but it’s not complete proof. If it’s correct, then the money is just sitting in an account. It’s not going into anybody’s pockets (although the interest might?). The open question is if the IRS form is accurate to the amount of money just sitting there. If not, then this starts to look like criminal tax fraud.
This could still come down to incompetence rather than malice. That said, the quote from the UCSF guy who was fired years before the charity existed does lean more towards malice.
One other thing to note is that while Karl Jobst does have a legal background, it’s in Australia. The US is also a common law system, but there are enough differences that Karl might not realize what is and isn’t illegal.