Posted on 06/24/2015 8:40:57 AM PDT by Randall_S
NEW YORK Along with filing financial reports filled with errors and misstatements, Big Four accounting firm PricewaterhouseCoopers neglected to verify whether the Clinton Foundation obtained tax-exempt status for its various sub-entities, including its AIDS charity, contends respected Wall Street analyst Charles Ortel.
As WND has reported, Ortels six-month investigation indicates the Clintons have diverted tens millions of dollars donated for charitable purposes to the personal enrichment of themselves and their close associates.
He says PWC neglected to exercise due diligence in fulfilling its professional responsibilities in conducting even the most basic inquiries required of an honest audit.
PWC, he says, failed to inquire whether the Clinton Foundation has applied for and received duly issued IRS tax-exempt determinations for its various sub-entities and activities, including fighting HIV/AIDS globally under the auspices of the Clinton Health Access Initiative Inc., also known as CHAI.
Read more at http://www.wnd.com/2015/06/clinton-foundation-a-valid-irs-charity/#sbeK6BIdm4Ezcxri.99
(Excerpt) Read more at wnd.com ...
Perhaps they're all laundering money through the Clinton Foundation? - say to the tune of about, what is the national debt again? - since 2009?
Every time I hear a Christian support the democrats I think of that. I’m sure so many people have forgotten or are so ignorant they have no idea that it happened.
Thanks for the info. Does what you say imply that a non-charitable subsidiary can "poison" the tax exempt status for contributions to the parent foundation? Do you know if all contributions to the Clinton family of foundations were routed through the parent foundation, or did the subsidiaries take in contributions as well?
I can see the problem if the top level entity--the Clinton Foundation--is the one funnel, and the subsidiaries aren't checked for charitable status.
Clintons are Corrupt to the Core.
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