Thursday, May 19, 2016

Clinton Scandals: Is The Family’s Charitable Foundation A Fraud?

Corruption: With each new revelation, the murky world of the Clinton family finances only seems to get murkier — and dirtier. And a new report suggests it’s no accident.
We wrote last week about how the Clinton Foundation gathered some $100 million from a variety of Gulf sheikhs and billionaires, not to mention taking in millions of “donations” from private businesses that later benefited from their supposed “charitable” largesse. Some of those who gave big bucks to the Clintons had interests that were, to put it mildly, not in keeping with U.S. interests.
That prompted a key question: Just what do these assorted nations, foreign officials, satraps, global fixers and top corporate execs expect in return for their money?
And now comes a more serious, far-reaching question: Is the entire Clinton Foundation so full of conflicts of interest and questionable dealings that it amounts to little more than a massive fraud intended solely to enrich its presidential namesake and his family?
Charles Ortel, a Wall Street financial analyst, who pored over the Clinton Foundation’s books, filings and records, thinks so. He concluded that “a substantial portion of Clinton Foundation activities is certainly not ‘charitable’ or ‘tax-exempt’ in the accepted legal senses, so I wonder why state, federal, and foreign regulators have allowed the Clinton Foundation to continue operating as it has done, illegally, for so long.”
Following a 15-month investigation, Ortel says that major questions “remain concerning the roles that Bill Clinton and others played in guise of charity right from the beginning in 1997, all the way to the present, and particularly before December 2009.”
Read the rest of this IBD editorial HERE.

If you like what you see, please "Like" us on Facebook either here or here. Please follow us on Twitter here.

No comments: