BREAKING: Arrest Warrant Issued for Longtime Clinton Operative, Wanted for Felony Theft, Fraud Charges

By
David Rufful
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OPINION | This article contains commentary that reflects the author's opinion.

An arrest warrant has been issued for 56-year-old Steve Bachar who was once the co-chair of the Clinton Global Initiative.

A criminal complaint alleges he stole between $100,000 and $1 million. He’s also accused of lying to an investor.

The charges include securities fraud and theft.

“Former Clinton Global Initiative Co-Chair Steve Bachar has been indicted on felony theft and securities fraud counts,” Nick Short of Digital Media for the Claremont Institute wrote to Twitter.

Last year, Bachar was previously accused of misusing $2 million and he lost two lawsuits.

The funds were reportedly earmarked for personal protective equipment.

The Denver Post reported, “Steven Charles Bachar, in connection with the offer, sale or purchase of a security, directly or indirectly, unlawfully, feloniously and willfully made an untrue statement of material fact or omitted to state a material fact necessary in order to make the statements made … not misleading.”

Bachar responded, “These are outrageous, unfounded and false accusations,” he wrote. “I am pleased that we are now engaged in a process that will let the facts come to light.”

More from Western Journal:

Bachar is currently under investigation by the Office of Attorney Regulation Counsel, which oversees attorney discipline in Colorado.

Earlier this year, Bachar had been ordered to pay two companies $4.5 million in connection with two civil lawsuits, the Post reported.

Bachar has been sued by DaVita Inc., which claims it paid Bachar $604,000 toward providing 4,200 cases of N95 masks in what would have been a $2.4 million deal but never received anything.

Bachar was also sued by The Future Health Company, which said Bachar never paid it the $1.2 million it was owed for 3 million medical gowns…

“Political heavy-hitter,” indeed.

In 2015 Steve Bachar raised concerns to John Podesta when then-VP Biden began to explore a presidential bid against Hillary Clinton, who was in the midst of her email scandal.