NRO . . . "“Carelessness was his hallmark,” Mercado-Valdes says. Was it worse than that? “Carelessness, yes. Complete disregard for the little laws? Yes, some powerful people are like that. . . . [Sharpton] was someone who, because of the nature of his organization, just between his nonprofit and his for-profits and his personal life, just had a very ad-hoc approach to organization.”
"Sharpton has had brushes with the law. In 1990, a jury found him not guilty of 67 counts of fraud and larceny, though three years later, the reverend pleaded guilty to a misdemeanor tax charge.
"Later, the Federal Election Commission found that National Action Network had inappropriately paid for expenses related to Sharpton’s 2004 presidential campaign.
"Last March, Jeri Wright, a former president of the Chicago branch of National Action Network and the daughter of Reverend Jeremiah Wright, President Obama’s former pastor, was convicted of money laundering after participating in a fraud scheme involving another nonprofit.
. . .
" 'Yet the reverend’s financial woes and big-spending lifestyle may be catching up to him, says Carl Redding, a former Sharpton aide who has since publicly criticized the reverend.
“ 'What he’s doing is negligent,” Redding says, adding that he can’t fathom why, after all of Sharpton’s past tax troubles, the reverend continues to make the same financial mistakes.
“ 'Absolute power corrupts absolutely,” Redding says. “I believe that Sharpton has become so powerful it’s diluting everything about him. The African-American community doesn’t trust Sharpton anymore. He’s living in a fantasy world if he thinks he has credibility."
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