Joe.My.God. LGBT News
Reuters reports:
In 2001, property records show, Falwell set up a private company while he was a lawyer for Liberty, used it to buy an undeveloped tract of land from the school, and then developed a strip mall on the plot. The company sold the property five years later at a significant premium.
In 2005, property records show, Falwell again acted as a private businessman when a university nonprofit affiliate and a company he operated joined together to sell land to a third company – controlled by Falwell’s real estate partner.
And in 2012, in a project Falwell launched as Liberty’s president, the university spent more than $2 million to build a tunnel that links the campus to another shopping plaza near campus. Falwell is a part owner of that shopping plaza.
Last week Liberty ordered a comprehensive audit of all aspects of Falwell’s tenure. Falwell has said he expects a $10.5 million severance package from the university.
Jerry Falwell Jr’s Money. @jschney and I report: before becoming Liberty University’s president, Falwell set up two companies that enabled him to cut property deals with one of the many nonprofit entities affiliated with the university. https://t.co/wJsnOUNBV7
— Aram Roston (@AramRoston) September 4, 2020
In each of the deals, Falwell played multiple roles with potentially conflicting interests: He was an officer of the university, a board member for the nonprofit selling the land, and a private developer who could profit from the transactions. https://t.co/wJsnOUNBV7
— Aram Roston (@AramRoston) September 4, 2020
“He also warned Reuters not to question his two adult sons, both of whom still have jobs at Liberty. ‘Trust me,’ Falwell said during the call, ‘you do not want to mess with me, OK?'” https://t.co/PWX9sEnHIj
— Elana Schor (@eschor) September 4, 2020
Liberty University: School’s probe will include ‘any allegations’ of sexual harassment or sexual misconduct https://t.co/nVLfosXVt4 pic.twitter.com/rut9NK491A
— Reuters Investigates (@specialreports) September 4, 2020