Thread by @modernhomesla

Around 2011,
Jerry Falwell Jr,
president of Liberty University
in Virginia,
+ his wife, Rebecca [Becki]
began personal fitness training sessions
w blonde buff Benjamin Crosswhite,
then 23-yo recent Liberty graduate.

Falwell's 2nd major
financial oops
reuters.com/article/us-usa…

Now,
after series of
university real estate transactions
signed by Falwell,
Benjamin Crosswhite
owns sprawling 18-acre
racquet sports + fitness facility
on former Liberty property.

This is going 2 get real ugly, folks.

So much unlawful practice.
reuters.com/article/us-usa…

Last yr,
local bank approved LOC,
allowing Crosswhite’s business
2 borrow as much as
$2M against property.
support Falwell provided 2 young men,
Giancarlo Granda
+
Benjamin Crosswhite,
has parallels;
both aided in business ventures
both flown on nonprofit university’s corp jet

Houston, we have prob.

When Falwell helped Crosswhite,
he used assets of Liberty,
tax-exempt university📌

Among largest Christian unis in world,
Liberty depends on 100s of millions of $$$$
its students receive in
federally backed student loans📌
+
Pell grants📌
ht @geekgirlden

In 2016,
Falwell signs real estate deal
transferring sports facility,
complete w tennis courts
+
fitness center
owned by Liberty,
2 Crosswhite.🤔

Under terms,
Crosswhite wasn’t req'd
2 put any of his own money down
toward purchase price.🤔

reuters.com/article/us-usa…

Liberty
committed nearly
$650,000 up front
2 lease-back tennis courts
from Crosswhite at site 4 9 yrs.

Liberty also offered Crosswhite
financing, at low 3% interest rate,
2 cover rest of $1.2M tranny.

Wow! Just amazing.
Who do u have 2 fuqq
2 get in w g-d?

Fuqq Jesus!

Holy Sh¡t

Crosswhite is married!

“All I will say is
my wife + I consult each other
B4 every major business deal
+ we bought complex
from Liberty together.

My wife + I both
work around clock
2 make our business succeed.”

How many biz deals have these 2 done?🤔

Liberty rec'd athletic center as gift in 2011
from trustee who has since died,
but it quickly became
“drain on university resources,”

Uni says Crosswhite
had been leasing gym space
at the property since 2013,
+ was thus
“most viable purchaser.”

Erm. Crosswhite
was given

🤦‍♂️🤦‍♂️🤦‍♂️🤦‍♂️🤦‍♂️

Liberty said it adjusted price
+ financed Crosswhite’s purchase
because its tennis team
would cont 2 use courts.

Paul's favorite word:
FIDUCIARY

Did Falwell neglect fiduciary
w this tranny?

Seems as such,
cuz this deal is
wonky as sh¡t.

reuters.com/article/us-usa…

Falwell has
“tried to be a business mentor”
2 Crosswhite,
the university statement said,
but that effort did not
“cause [Falwell] 2 abandon
his fiduciary duties” 2 Liberty.

Hogwash👆👆
🤦‍♂️🤣🤣😏
reuters.com/article/us-usa…

Yeppers!

“The concern is
whether university’s president
wanted 2 do his personal trainer
...😏
a favor +
used Liberty assets to do it,”
per governance specialist.

Paul gets support:

“At a minimum,
terms suggest
buyer got great deal
+ Liberty got very little.”

Upon rprtr visit
Benjamin Crosswhite,
muscular 31-yo
w short blond hair,
was training client
in well-equipped facility,📌
running him thru kettlebell swings
+ dumbbell presses.

“Crosswhite Fitness,”
sign w cross where T should b,
+ verse from New Test 2nd Epistle 2 Corinth

Story of business relationship
between Crosswhite, Liberty + Falwell
appears 2 begin in 2011.

Falwell urged Liberty personnel
2 cut Crosswhite
“sweet deal”
allowing him 2 offer prvt gym training
at Lynchburg fitness facility,
which Liberty acquired.
crosswhitefitness.com/client-testimo…

“Becki + I
wouldn’t mind working out over there
w Ben as trainer because it is more private.”

Falwell + his wife, who goes by Becki,
each work out w Crosswhite twice wk.

NO WIFE?🤔
Falwells brought [Crosswhite] along
on Liberty’s private jet
during 2012 trip to Miami.

2013, Falwell
authorizes lease of
Liberty's gym 2 Crosswhite.

Deal:
5 yr lease in 2013.
The cost,
according 2 lease document:
$2,300 per month.

Liberty said Falwell uses
university-chartered jet
2 fly every yr
2 his annual physical in Miami.📌
reuters.com/article/us-usa…

Malarky Alert

Crosswhite joined Flawell in 2012
“2 explain 2 doctors
Mr. Falwell’s diet + exercise program
+ help document results,” university said.

Bc Liberty’s board requires
annual physical 4 Falwell,
pres doesn’t have 2 reimburse university
4 corporate jet travel 2 Miami.

📌📌📌📌📌

It was in Miami in 2012,
as well,
Falwell met Granda,
the Fountainbleu pool attendant
he would later finance in business.

2017, after Liberty sold facility 2 Crosswhite,
some uni reprs voiced concern
about needed maintenance,
per sales contract required.

More $$$ given 2 Crosswhite
2017,
Liberty provided Crosswhite
w another $75K line of credit
2 conduct maintenance + repairs,
university said in its statement.

reuters.com/article/us-usa…

🔥🔥
In email snt earlier this mo,
Corry, citing Reuters reporter’s
“persistent” attempts 2 reach
frmr board members + Falwells,
reminded former trustees
they had signed conf agreements.

Told them they were required
“forever” 2 keep secret
what they knew about uni.

Crosswhite’s acquisition of sports facility
appears 2 cont benefiting him.

Last yr, accord 2 Lynchburg Circuit Court filing,
trainer’s business obtained $2.05M LOC
from local bank
against its interest in the facility.
reuters.com/article/us-usa…

Liberty said
credit line amount
was linked 2
property’s future value
after Crosswhite builds
swimming pool there.
👆
This isn't how valuation
+ lending works, folks.

U have to have it first
before u can borrow against.

Great Reporting by Reuters.
reuters.com/article/us-usa…

Crosswhite Fitness:

When ur Weak,
ur just weak, bruh!

Benjamin Crosswhite,
u've got a wife!

Wat u doing w Jer-Bear-Jr
on Miami escapades?

Taking notes?

🤣🤣🤣
Oh, those religious folks.

Something else, aren't they!