Thursday, March 26, 2009

Obama and the Chicago Shariah Scammer

These photos of Barack Obama, with his friend and benefactor Salman Ibrahim, were taken in 2004 in the offices of the infamous Sunrise Equities, Chicago. (Click photos to enlarge them)

Ibrahim is the former CEO of Sunrise and is now wanted by the FBI in connection with the Sunrise Equities scam of late 2008 in Chicago. Sunrise Equities, a "shariah complaint" investment firm, shut down in August, 2008 when CEO Salman Ibrahim and other Sunrise officers vanished with approximately $80 million of investor money. In 2004, while Obama was running for US Senate in Illinois, Ibrahim and Sunrise Equities donated some of the own office space to Obama's campaign. Obama used the space as a fundraising hub.

In the top photo, Obama shakes hands with Chicago Alderman Bernard Stone (50th Ward), just prior to a ribbon cutting ceremony for donated office space. In the bottom photo we see the ribbon cutting. The money seems to have gone with them. The Illinois Secretary of State and the FBI are investigating the scandal. More than 100 investors, mostly Muslim, learned in August that they had lost all of their savings to the Sunrise Equities fraud. Many were completely wiped out financially. Sunrise Equities targeted investors who were mostly Pakistani Muslim immigrants. Many the victims had to take out home equity loans to make ends meet.


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