String of Felons Worked With Nonprofit Cofounded by Bill Clinton

Washington Free Beacon ^ | November 16, 2015 | Alana Goodman

[lbryce]

Numerous board members, trustees of Clinton charity accused of illegal schemes

Numerous former board members and trustees of a charity group cofounded by Bill Clinton have been accused of or convicted of insider trading, campaign finance violations, and other illegal schemes.

The American India Foundation is one of several nonprofit groups in Bill Clinton’s charitable orbit, although it has received less attention than the Clinton Foundation and its spin-offs.

The group was founded in 2001 “at the initiative of President Bill Clinton following a request from Prime Minister Vajpayee” in order to help with the recovery efforts after the Gujarat earthquake. It is currently run by CEO Ravi Kumar.

AIF was co-founded by Clinton and former Goldman Sachs director Rajat Gupta in 2001. Clinton continues to serve as honorary chairman of the council of trustees, according to the website.

Gupta, a Clinton donor, was convicted of passing illegal trading tips to another former AIF trustee—Raj Rajarantam—in the highly-publicized 2011 case that took down the Galleon hedge fund. Gupta is currently serving out a two-year prison term and was last listed as co-chairman of the AIF board in 2010.

Gupta’s legal team highlighted his work with AIF and Bill Clinton during his sentencing.

“Rajat worked with former U.S. President Bill Clinton and Victor Menezes, former Senior Vice Chair of Citigroup, to found the American India Foundation (AIF),” said his attorneys in a sentencing memo. “Under their leadership, within its first year AIF raised millions of dollars to support earthquake relief efforts.

[lbryce]

This is the real life sequel to "Goodfellas" starring catarrh-faced Bill Clinton

Catarrh-excessive discharge or buildup of mucus in the nose or throat, associated with inflammation of the mucous membrane accompanied by reddish inflammation of the nose

[lbryce]

Bill the red-nosed felon Ping

[Liz]

Clinton Foundation donors and board members shady dealings and criminal convictions.....not quite the everyday Americans championed by Hillary. The best-selling Clinton Cash book details the buck-raking Clintons sordid circle.

<><> The SEC charged a Clinton Foundation trustee with misallocating $9.5M from his database company. Shareholders sued for using the company jet to fly the Clintons around and paying Bill a $3M consulting fee.

<><> A Clinton Foundation trustee was accused of paying Bahraini executives (roughly $52 million) to win sales contracts for US-based Alcoa which later settled with the DOJ for $384M.

<><> A Foundation trustee donated to Hillary's campaigns...gave the Clintons millions in honoraria and millions more to the foundation. The trustee was arrested for allegedly defrauding a bank. He pleaded guilty in a Bklyn court to “funneling more than $180,000 in illegal contributions to three federal candidates,” Hillary among them.

<><> An Indian legislator sat at the head table at the Clinton Global Initiative and dined privately with the Clintons at their home. He gave between $1 and 5 million to the Clinton Foundation....then was arrested for bribing members of parliament WRT a US-Indian nuclear-technology agreement....he was booted from his party, ending his political career.

<><>Claudio Osorio fundraised for Hillary and supported the Clinton Global Initiative. He falsified applications to score a loan of $10M tax dollars to build homes in earthquake-ravaged Haiti. Osorio was convicted of financial fraud, using humanitarian assistance “for personal benefit,” and got 12 years in federal prison.

<><>He was on the federal terrorist no-fly list yet a Lebanese-British businessman donated $460,000 to Miami Democrats for voter-registration and attended the Clintons WH Christmas party. He was later convicted of money-laundering and “aiding a criminal organization WRT billions of dollars stolen from Nigeria.

His company pledged $1 billion to the Clinton Global Initiative. The ***-kissing Clinton gave him a prize for sustainable development.

[lbryce]

Thanks very much for the sordid,venal Clitonesque details

[mountainlion]

Didn't mr Bill have 118 of his White House aids rejected because they could not get security clearance?

[Eric in the Ozarks]

Birds of a feather...

[Liz]

The non-profit American Indian Foundation was another of Bill Clintons money-raking schemes. AIF was co-founded 2001 by Clinton and former Goldman Sachs director Rajat Gupta. Clinton continues to serve as honorary chairman of the council of trustees, according to the website. Gupta, a Clinton donor, was convicted of passing illegal trading tips to another former AIF trustee Raj Rajarantam in the highly-publicized 2011 insider trading case that took down Raj's Galleon hedge fund. Gupta is currently serving out a two-year prison term and was last listed as co-chairman of the AIF board in 2010.

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Rajat worked with ex-President Bill Clinton and Victor Menezes, onetime Senior Vice Chair of Citigroup, to found the American India Foundation (AIF). Rajat's attorneys noted this bit of do-goodism amid the fraud in a sentencing memo hoping to ease Guptas jailtime.

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THIS WE KNOW Under Bill Clinton and his felon friends, within its first year AIF raised millions of dollars to support earthquake relief efforts.

THIS IS WHAT MUST BE DONE If the millions of dollars were raised for earthquake relief but went to other venues, this is known as mail fraud.

REPORT MAIL FRAUD HERE: https://postalinspectors.uspis.gov/contactUs/filecomplaint.aspx

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NOTE According to the IRS, one of the biggest money-laundering and tax evasion frauds is one non-profit writing a check to another non-profit---the way they siphon off tax-free money for themselves.

[DaveA37]

Quoting the famous comedian Gomer Pyle, “Well surprise, surprise, surprise”.

[ETL]

"The Whitewater controversy (also known as the Whitewater scandal, or simply Whitewater) began with investigations into the real estate investments of Bill and Hillary Clinton and their associates, Jim and Susan McDougal, in the Whitewater Development Corporation, a failed business venture in the 1970s and 1980s."

Whitewater Convictions

Jim Guy Tucker: Governor of Arkansas at the time, removed from office (fraud, 3 counts)

John Haley: attorney for Jim Guy Tucker (tax evasion)

William J. Marks, Sr.: Jim Guy Tucker's business partner (conspiracy)

Stephen Smith: former Governor Clinton aide (conspiracy to misapply funds). Bill Clinton pardoned.

Webster Hubbell: Clinton political supporter; Rose Law Firm partner (embezzlement, fraud)

Jim McDougal: banker, Clinton political supporter: (18 felonies, varied)

Susan McDougal: Clinton political supporter (multiple fraud). Bill Clinton pardoned.

David Hale: banker, self-proclaimed Clinton political supporter: (conspiracy, fraud)

Neal Ainley: Perry County Bank president (embezzled bank funds for Clinton campaign)

Chris Wade: Whitewater real estate broker (multiple loan fraud). Bill Clinton pardoned.

Larry Kuca: Madison real estate agent (multiple loan fraud)

Robert W. Palmer: Madison appraiser (conspiracy). Bill Clinton pardoned.

John Latham: Madison Bank CEO (bank fraud)

Eugene Fitzhugh: Whitewater defendant (multiple bribery)

Charles Matthews: Whitewater defendant (bribery)

Ultimately the Clintons were never charged, but 15 other persons were convicted of more than 40 crimes, including Bill Clinton's successor as Governor, who was removed from office.[40]

http://en.wikipedia.org/wiki/Whitewater_%28controversy%29#Convictions
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