Posted on 05/07/2016 8:56:04 AM PDT by chopperman
The Clinton Foundation’s finances are so messy that the nation’s most influential charity watchdog put it on its “watch list” of problematic nonprofits last month.
The Clinton family’s mega-charity took in more than $140 million in grants and pledges in 2013 but spent just $9 million on direct aid.
The group spent the bulk of its windfall on administration, travel, and salaries and bonuses, with the fattest payouts going to family friends.
“It seems like the Clinton Foundation operates as a slush fund for the Clintons,” said Bill Allison, a senior fellow at the Sunlight Foundation, a government watchdog group where progressive Democrat and Fordham Law professor Zephyr Teachout was once an organizing director.
(Excerpt) Read more at libertyblitzkrieg.com ...
Last month? I’d say they’re about a decade late...
EXHIBIT ONE---(hat tip FReeper 9THLIFE) Banks drill their employees into anti-money laundering and anti-terrorist funding.
EVERY banking transaction -- especially by those who are politically involved -- is subject to scrutiny. There is no way -- categorically N.O. way -- in a Patriot-Act world that anyone could have pulled off what is alleged against the Clinton Foundation.
Every suspect transaction will have a report filled out and filed about it. If it involves international transfers and shady characters (think of the latest list of the Friends of Bill) the issues - each and every one -- would be escalated to senior management.
The reports themselves are required to be on file for 5 years. Discussion of such reports -- even their existence -- is strictly controlled and generally forbidden. Yet they remain on record.
It's conceivable that suspicious Clinton activity reports were duly passed on to OCC and whomever else and whomever else has jurisdiction and there they were buried. But some bankers still know about them.
Unless they weren't filed, and that itself is a crime under the applicable law.
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EXHIBIT TWO---Financial whistleblower Charles Ortel quoted a former managing director of Dillon, Read & Co: "under New York law, tax authorities dont have to show criminal intent to get convictions against foundation officials."
"Authorities need only show that the Clinton Foundation filed materially misleading financial information but kept on fundraising for a myriad of do-good projects."
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POSTER'S NOTE The legal culpability of a charity consists of soliciting and taking money.... and showing how they spend it.
So if the Clinton Foundation raised money using the US mails and cited a specific "do-good cause" but used the donated money elsewhere, that is considered mail fraud.
REPORT MAIL FRAUD HERE: https://postalinspectors.uspis.gov/contactUs/filecomplaint.aspx
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EXHIBIT THREE---Earlier, Ortel found irregularities of a sufficient magnitude that the Clinton Foundation should be shut down.
Ortel: "if any of the 50 state attorneys general present the evidence to a federal district judge, an injunction would be ordered, shutting down the Clinton Foundation and placing the organization in receivership."
Hillary Clinton’s Greatest Fear from FBI Probe Isn’t About Email
SOURCE Money Morning ^ | 4/11/16 | David Zeiler / FR posted by markomalley
When the Federal Bureau of Investigation (FBI) concludes its investigation of the Hillary Clinton private email server, the worst damage is not likely to come from the former secretary of state having classified information stored on a private server.
Earlier this year the FBI probe expanded into possible violations of public corruption laws resulting from her role as secretary of state and her association with the Clinton Foundation.
“The agents are investigating the possible intersection of Clinton Foundation donations, the dispensation of State Department contracts, and whether regular processes were followed,” an intelligence source told FOX News.
The concern is that Clinton, while secretary of state, gave favorable treatment to governments and businesses that had made large donations to the Clinton Foundation.
Hillary Clinton and her representatives have repeatedly denied any such thing took place. But we know the FBI is looking into the matter because it subpoenaed the Clinton Foundation last fall in a quest for documents relating to projects that may have required State Department approval during her tenure as secretary.
Should the FBI find a “smoking gun,” it would deal the Hillary Clinton presidential campaign a severe blow.
Although federal law prohibits foreign governments (or any foreign national) from making political contributions in connection with any election, the Clinton Foundation is a 501(c)(3) public charity. As such, it can legally accept donations from just about anyone.
The problem is that the Clinton Foundation is no ordinary charity…
The Clinton Foundation Is a Magnet for Foreign Donors
Because it is run by a former U.S. president, Bill Clinton, and a past secretary of state and current presidential candidate, it’s not hard to see how many foreign donors would see the Clinton Foundation as a way to buy influence in the American political system.
“The word was out to these groups that one of the best ways to gain access and influence with the Clintons was to give to this foundation,” Meredith McGehee, policy director at the Campaign Legal Center, told the International Business Times last year. “This shows why having public officials, or even spouses of public officials, connected with these nonprofits is problematic.”
Several members of the Senate Foreign Relations Committee that confirmed Clinton as secretary of state, including then Sen. John Kerry (D-MA), who was chairman at the time, expressed concern over her connection to the Clinton Foundation.
Sen. John Cornyn (R-TX) even wrote Hillary Clinton a letter recommending that the Clinton Foundation refuse “all pledges and contributions from foreign sources” during her time as secretary of state.
But the Clinton Foundation relies on large foreign donations to do its work, which includes making AIDS treatments affordable, fighting climate change, and disaster relief. For the most part, the foreign donations continued.
What happened over the next several years is extremely troubling – and surely what has attracted the interest of FBI investigators…
These Hillary Clinton Conflicts of Interest Raise Serious Questions
The Clinton operates both as a slush fund and as a money laundering operation. You can probably throw in tax evasion, influence peddling and fraud. Not that anything will come of it.
Thanks for posting. 1/2 of the greatest crime couple in the history of the republic is running for president.
It is all being done for “the common good.”
NSS.....Now let’s look at the Gates Foundation and Buffet Foundations and Rockefeller Foundations and a slew of others
our law enforcement is solidly tuned to fighting those evil electronic cigarettes and of course, going after your $1200 big gigantic jackpot at the local casino...
I’d throw in the “Shrubs” for good measure.
these people are so crooked when they die they will have to screw them into the ground.
Bookmark, thanks for posting.
HRC’s skating is just more proof our gov’t is corrupt.
Of course it’s a fraud—an open in your face criminal venture.
Or...harpy partner-in-crime.
Or just harpy.
“”EVERY banking transaction — especially by those who are politically involved — is subject to scrutiny. There is no way — categorically N.O. way — in a Patriot-Act world that anyone could have pulled off what is alleged against the Clinton Foundation.””
This statement is by ????? This is someone/some entity defending the actions by those in charge at the Clinton Foundation or ??? Sorry - but just not clear where the statement came from.
“”these people are so crooked when they die they will have to screw them into the ground.””
Old but still a good one!!!!
Clinton Foundation is an upscale car wash; think, Breaking Bad-esque.
Look at most Foundations, and you will likely find that they really operate as slush funds for the insiders.
The tax-free nature allows them to have their investments grow tax-free forever. By paying out a pittance of the yearly income to "charitable purposes", it still costs less than having investment returns be taxable.
You want to know how to erase the deficit? Eliminate the concept of "tax free non-profit". Tax their revenues. Tax the Harvard endowment. Doing so would cripple the left, which relies on employment in "non-profit" organizations, and grants therefrom.
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