Skip to comments.The Clinton Foundation as a money-laundering scheme
Posted on 01/05/2016 7:38:36 AM PST by COUNTrecount
When you put together all the revelations about the Clinton Foundation and its affiliates that have cascaded our way(and continue to arrive), one explanation makes sense. It was a money-laundering scheme designed to obtain and camouflage foreign money paid to the Clintons to curry favor, including favorable treatment by Hillary Clinton's State Department.
The scheme works like this: collect millions of dollars in foreign money, dump it into a foreign charity, pretend that the law prohibits you from ever disclosing the identities of those foreign donors to the foreign charity, then have the foreign charity bundle all the cash and send it to the Clinton Foundation. Then, when the time comesâwhether it be a Clinton Foundation conference or a lavish Clinton Foundation trip overseasâmake sure those individuals get some me-time with the Clintons.
The Clinton Foundation spun off the bulk of its charitable medical activities back in 2010. By 2013, the main Clinton Foundation entity â the Bill, Hillary, and Chelsea Clinton Foundation â housed only a handful of charitable initiatives, the largest of which existed solely to serve the Clintons, via their conference series and the Clinton presidential library, rather than truly charitable causes. In 2013, for example, the Clinton Foundation spent less than 10 percent of its budget on charitable grants.
The foreign-to-domestic laundering scheme satisfies a number of key Clinton objectives. First, it gave SOS Hillary Clinton total plausible deniability about the millions in foreign cash that were being funneled into her familyâs non-profit coffers. She wasnât on the board of CGEPartnership, and wasnât even named to the board of the Clinton Foundation until 2013, so how could she have known about this? Second, it gave Hillary's allies the ability to claim that wealthy foreign individuals were not sending cash to the Clinton Foundation.
(Excerpt) Read more at americanthinker.com ...
This is a textbook case on how you hide foreign money sent to you and repackage it to be used for your own purposes. All tax free. Here's how it works:
1. You create a separate foreign "charity". In this case one in Canada.
2. Foreign oligarchs and governments, many sworn enemies of the United States, then donate to this Canadian charity. In this case, over 1,000 did, contributing mega millions. I'm sure they did this out of the goodness of their hearts, and expected nothing in return. (Imagine Putin's buddies waking up one morning and just deciding to send untold millions to a Canadian charity).
3. The Canadian charity then bundles these separate donations and makes a massive donation to the Clinton Foundation.
4. The Clinton Foundation and the cooperating Canadian charity claim Canadian law prohibits the identification of individual donors. (As the article indicates. this is not true.)
5. The Clinton Foundation then "spends" some of this money for legitimate good works programs. Unfortunately, experts believe this is on the order of 10%. Much of the balance goes to enrich the Clinton's, pay salaries to untold numbers of hangers on, and fund lavish travel, etc. Again, virtually all tax free, which means you and I are subsidizing it.
6. The Clinton Foundation, with access to the world's best accountants, somehow fails to report much of this on their tax filings. They discover these "clerical errors" and begin the process of re-filing 5 years of tax returns.
7. Net result - foreign money, much of it from enemies of the US, goes into the Clinton's pockets tax free and untraceable back to the original donor. This is the textbook definition of money laundering.
The linkage between these foreign donations, and favors done by the Clintons (including Hillary as Secretary of State) will be the subject of a future note from your humble correspondent. This will extend money laundering into bribery and treason.
Oh, by the way, the Canadian "charity" includes as one of its principals, one Frank Giustra. Check him out on Google. He is the guy who was central to the formation of Uranium One, the Canadian company that somehow acquired massive US uranium interests and then sold them to an organization controlled by Russia and Vladimir Putin. This transaction required US State Department approval, and guess who was Secretary of State when the approval was granted. Nothing to see here. And much of this uranium will eventually be sold to Iran, undoubtedly for peaceful purposes as Obama will of course never let Iran build a bomb.
As an aside, imagine how former Virginia Governor Bob McDonnell feels. That poor schlub is in jail because he and his wife took $165,000 in gifts and loans for doing minor favors for a guy promoting a vitamin company. Not legal but not exactly putting US security at risk.
Sarcasm aside, if you're still not persuaded this was a cleverly structured way to get unidentified foreign money to the Clintons, ask yourself this: Why did these foreign interests funnel money through a Canadian charity? Why not donate directly to the Clinton Foundation? Better yet, why not donate money directly to the people, organizations and countries in need?
This is the essence of money laundering and influence peddling. Now you know why Hillary's destruction of 30,000 e-mails was a risk she was willing to take. One "smoking gun" e-mail would land her in jail.
Anyway, please read and weep. These grifters could, if America does not wake-up, someday be back in the White House.
William Jefferson, a Black lawmaker went to jail doing this. Hillary believes she is above the Law and can do anything she wants. Imagine her as president..........
The Clinton Foundation is nothing but George Costanza’s Human Fund on a planetary scale.
People see this as something OTHER than a money-laundering scheme?
Things that make ya go, ‘Hmmmm...’
Most of it is probably legal, too. Ever wonder why the U.S. government has coddled Saudi Arabia for so long? Just see who the biggest real estate investment partners of the Bush family are.
So who is going to call them out in this? “Team Mitch?”
Those two grifters have overhauled The Big Store and are milking it good.
Uh....YUUUUP : )
It seems like 95% of the people in the clinton presidential campaign worked for the foundation.
I can see why the dems and most of the gop e do not want a trump in the white house...he will blow this up...he will find he equal of Lerner to take a look at this money laundering organization and hopefully put both clintons in jail. Chelsie is too stupid to go to jail so she will remain free to continue the family tradition of being grifters.
Let’s pray we will soon see the end of this criminal conspiracy known as the Clintons.
Nobody. But Karma will get them at some point.
I hope they both stroke out soon so they have no time to enjoy their ill-gotten gains!
You would think they would both retire to a couple of islands and enjoy themselves. Cough.! Hack ! spurt !
Money in exchange for future face time with president Hitlary Clinton.
Jim and Tammy Faye Clinton
Pray America wakes
True but most people who have this kind of fraudulent “foundation” aren’t running for president.
Like the "blue dress", the "classified emails" are a distraction to conceal the real issues.
If the FBI has all or most of what was on the "server", the only question will be who takes care of Charlotte while Chelsea does her 10-30 years.
This is you end up with a nation of 300+ million people ... and yet the names Bush and Clinton are in the political headlines continuously for 25+ years.
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