September 28, 2021

MP Now News

Mortgage News

Shaun King Says He’s Moving Out Of His Swanky $840k House After Fraud Allegations

Activist and writer Shaun King is reportedly moving out of his $ 842,000 home, which some believe was bought with donations from his social media followers.

king sent on Instagram that he was moving because strangers were walking by his lakefront home in New Jersey after pictures were taken spread across the Internet last weekend. Word spread quickly on social media that his family had bought the nearly multi-million dollar house. Many users commented sKeepicism about where the money came from.

King stated in his most recent post that his wife bought the house – not him.

“My wife bought this house, her first after working for over 20 years. It took almost a year to even buy it, ”said King. “It was a quiet and peaceful refuge for them, for our 5 children, for the dogs and for our mothers. And it wasn’t an exaggeration. Again, she got a literal FHA loan to buy it. I’m not even on loan. “

Some people are not convinced and have not been in a while.

In June Tamir Rice’s mother Samaria, called King a “shock hunter” after raising $ 60,000 in honor of her son but not receiving the money until the courts were turned on.

Last weekend, Tweeter called King to ask users to send donations to his wife, Rai, which he claimed would “really surprise her and ease the pressure since she has been in school for less than two years!”

Rai hopped on Instagram during the network-wide conversation to deny the fraud allegations regarding her new home.

“My hope for every little black girl is that you will grow up, get an education (if that’s your way), find love (if that’s your way), and fulfill every dream you have … including home ownership,” began their contribution.

“I know that we usually lack the generational wealth that enables our parents to give us down payments from houses and other communities. And I know that there are racist, predatory systems that put up barriers all the way… ”she continued. “But finally, I hope that you are in a place where YOUR OWN hard work, determination, education, and employment enable you to buy the prettiest, nicest, cutest home that YOUR OWN money can buy.”