Canadian Charity’s Revenue Dropped Substantially the Year Hillary Clinton Resigned as SOS

Breitbart ^ | 4-29-15 | John Sexton

[afraidfortherepublic]

A review of financial documents for the Clinton Giustra Enterprise Partnership (Canada) shows the charity’s revenue dropped substantially in 2013, the year Hillary Clinton resigned as Secretary of State.

For the first time since it was registered to accept donations in 2007, CGEP spent more on salaries and office supplies in 2013 than it did on charitable giving.

The NY Times revealed Wednesday that the Canadian charity collected about $33 million between 2008 and 2013 of which $25 million was passed across the border to the U.S. based Clinton Foundation. However there was a sharp drop in giving in 2013, the last year for which figures are currently available. The Canadian charity’s total revenue that year was just $308,067 compared to $2.2 million in 2012 and $4.8 million in 2011.

The total amount the charity passed on to the Clinton Foundation in 2013 was $314,437. That amount is a small fraction of the $4.7 million the Canadian charity delivered to the Clinton Foundation in 2012 or the $4.6 million it gave in 2011.

By comparison, the Canadian charity spent $322,759 on salaries for its four full-time employees in 2013, that’s about $8,000 more than its total charitable expenditures that year. The charity also spent $466,796 on office supplies in 2013 (roughly triple what it spent in any previous year).

The Clinton Giustra Enterprise Partnership was registered as a Canadian charity in late 2007. As the NY Times reported yesterday, the charity acted as a bundler for the similarly named Clinton Giustra Sustainable Growth Initiative, which is one part of the Clinton Foundation.

[afraidfortherepublic]

Full title: Canadian Charity’s Revenue Dropped Substantially the Year Hillary Clinton Resigned as Secretary of State

[Squawk 8888]

Canada Ping!

[DAC21]

Just a coincidence, it proves nothing, move along peasants.

[upchuck]

The charity also spent $466,796 on office supplies in 2013 (roughly triple what it spent in any previous year).

Wow, that's more than $116K per employee. That's more than 100K more than the four employees got paid.

Something stinks.

Link.

[afraidfortherepublic]

Wow, that's more than $116K per employee. That's more than 100K more than the four employees got paid.

Perhaps they "supplied" each employee with an assistant! ;-)

[zeugma]

$466,796 on office supplies

WTF? Are they buying solid gold staplers?

[IamConservative]

The charity also spent $466,796 on office supplies in 2013 (roughly triple what it spent in any previous year).

This is what money laundering looks like in a General Ledger. Bet they have the invoice and payment record but no bill of lading or proof of delivery for most of these "office supplies."

Of course with Bill, $400K plus could be a truckload of Lewinsky's.

[tacticalogic]

a truckload of Lewinsky's.

So, 3 or 4?

[Liz]

The Clinton Giustra Enterprise Partnership registered as a "Canadian charity" in late 2007 could easily be a money laundering operation---w/ tax dollars flowing from the State Dept----then laundered across the border in secret LLC accounts.

The NY Times reported that the "Canadian charity" --- the Clinton Giustra Enterprise Partnership----collected about $33 million US tax dollars from Hillary's State Dept between 2008 and 2013.....$25 million of which was passed across the border to the U.S. based Clinton Foundation.

One of the most common money laundering MO's is one foundation writing a check to another foundation---the check receiver takes a cut then transfers the bulk elsewhere for the donor's use later---how they skim off tax-free money for themselves.

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The Bank Secrecy Act should be mobilized----to follow the paper trail and determine how monies changed hands; to determine the scope and dimension of collusion in sub rosa deals and who might be personally profiting.

<><> L/E needs to examine bank accounts of The Clinton Giustra Enterprise Partnership and the Clinton Foundation.

<><> Joint bank accounts might be used to facilitate the transfer funds from one account to another, and/or wire-transferred offshore;

<><> To cover their tracks, fake invoices might be created to show that money deposited into accounts was being used for legitimate purposes.

<><> Financial schemes scheme might be advanced by issuing phony statements of payments from financial sources that actually covered the transfer of funds for insiders' personal use and/or for redistribution schemes.

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NOTE WELL Under the Bank Secrecy Act, banks are required to establish, implement and maintain programs designed to detect and report suspicious activity indicative of money laundering and other financial crimes. “The Bank Secrecy Act was enacted to protect the public from harm by identifying and detecting money laundering from criminal enterprises, terrorism, tax evasion or other unlawful activities,” the special agent in charge for Internal Revenue Service Criminal Investigation, explained.

Shady banking transactions could be prosecuted under the (1) Bank Secrecy ACT, (2) RICO, and, (3) the Hobbs Act.

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<><> L/E should get ahold of: (1) copies of The Clinton-Giustra Enterprise Partnership and the Clinton Foundation checks, (2) wire transfers, (3) account statements, (4) invoices, (5) bills, (6) delivery tickets, (7) correspondence including snail mail, e-mail, mobile devices, cell phones, (8) contracts, (9) loan agreements, (10) other account books or official records.

L/E should also explore (a) monies paid to brokers, sub- brokers, (b) family members, (c) mortgage brokers, (d) financial managers, and, (e) real estate agents, brokers, and developers.

<><> L/E should scrutinize bank accounts for suspicious activites: (A) large deposits, (B) funds transferred from one account into another, (C) frequent requests for withdrawals.

<><> Bank records might also show diversions to secret LLC accounts, to money launder and to operate personal ventures;

Tax fraud may also be a factor, facilitated by withdrawals, gift cards purchases, credit card purchases and intra-bank transfers from legal bank accounts into personal accounts, or redistribution schemes.

<><> A huge tipoff is whether bank withdrawals support and luxurious lifestyle including payments for real estate, investment and stock holdings, jewelry, luxury vehicles, resort travel....... and gifts from luxury outlets.

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FBI TIPS PAGE--YOU MAY REMAIN ANONYMOUS ---https://tips.fbi.gov

SUBJECT: Collusion, conspiracy, bribery
IN RE: financial irregularities
REFERENCE: govt fraud, falsified documents, wire transfers, accounting fraud, etc.

NARRATIVE Taxpayers demand to know the scope and dimension of multiple conspiracies by The Clinton Giustra Enterprise Partnership and the Clinton Foundation to collude in sub rosa deals to personally profit and/or to facilitate redistribution schemes of US foreign aid.

OF INTEREST TO LAW ENFORCEMENT The FBI should interrogate individuals in The Clinton Giustra Enterprise Partnership and the Clinton Foundation for evidence of multiple schemes to falsify official documents to further fraudulent schemes. The FBI should investigate any and all official documents submitted by The Clinton Giustra Enterprise Partnership and the Clinton Foundation for falsified entries.

Crimes might include--govt fraud, conspiracy, collusion, falsifying official documents (a felony), money laundering, tax evasion, extortion, theft, misuse of public facilities.

Examine Clinton and Giustra tax returns with a fine-tooth comb.....particularly entries for "interest income."