BOOM FINANCIAL MONEY GRAB
< Boom Financial
Mobile Transactions for immigrants >
A company revolutionizing how immigrant and unbanked families save and share their wealth, today announced it has closed a $17 million financing round led by
Digicel Group.
CEO Bill Barthydt (pic related #2 C_A/NASA)
< Digicel
The carrier stretches across 31 markets, including the Caribbean, Central America and South Pacific – all geographies Boom Financial aims to target with its service, which provides immigrants and the unbanked with a way to transfer money internationally.
CEO Dennis O'Brien (pic related #3)
< DIGICEL & Clinton's
>Clinton Foundation “facilitated introductions”to help O’Brien build a luxurious new Marriott hotel next to Digicel’s Port-au-Prince headquarters. USAID has directed about $1.3 million to Digicel since 2008, along with private grant money. Digicel has donated tens of millions of dollars to the Clinton Foundation.
Our partnership with Digicel further validates Boom as the premier U.S. brand for mobile financial services for immigrants and their extended families across the Americas," said Bill Barhydt, CEO of Boom Financial. "Digicel's extensive coverage in key Boom markets such as Haiti and Jamaica will accelerate our reach into these markets."
< USAID DIGICEL BOOM FINANCIAL
Bill Clinton and then-Secretary of State Hillary Clinton had been active players in the country before the quake, but would assume almost total managerial control over the recovery effort via the State Department and the Clinton Foundation.
As Peter Schweizer documents in his latest book, Clinton Cash, Digicel received millions in U.S. tax dollars from USAID, an agency overseen by the State Department, as part of the Haiti Mobile Money Initiative. The program was designed to establish a mobile money-transfer system that would allow individuals to send donations directly to friends and relatives in Haiti. Digicel was also tapped by the USAID Food for Peace program, which was under the direct control of Hillary Clinton’s top aide
>Cheryl Mills, to administer money transfers over its mobile network. Haitians received cell phones and a free Digicel account; Digicel received grants courtesy of U.S. taxpayers, collected millions in fees from Haitians every time they used the system, and significantly expanded its user base.
In another case, billionaire Clinton Foundation donor Denis O'Brien wrote to Clinton aide Doug Band and Clinton Foundation foreign policy director Amitabh Desai for help figuring out how to fly supplies into Haiti and get employees of his company, Haitian telecom firm Digicel, out of the country.
Desai referred to O'Brien as a "WJC VIP" in an email with the subject line "Friend of Clintons."
O'Brien later wrote in an email to Band that he was "not making any progress through conventional channels." Band then wrote to Desai to "pls get on this."
< PAY FOR PLAY
State DepartmentUSAID > DIGICEL> BOOM FINANCIAL> Clinton Foundation
How do you get parents to let go of children?
"Here's your new DIGICEL phone and we will send you money via BOOM payments.
We are Christians and we will take care of them and put them in boarding schools."