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Hillary Clinton's financial disclosure omitted 'pass-through' company used by..."
DailyMailUK ^ | 26 May 2015 | Staff

Posted on 05/26/2015 3:22:45 PM PDT by LucyT

The newly released financial files on Bill and Hillary Rodham Clinton's growing fortune omit a company with no apparent employees or assets that the former president has legally used to provide consulting and other services, but which demonstrates the complexity of the family's finances.

Because the company, WJC, LLC, has no financial assets, Hillary Clinton's campaign was not obligated to report its existence in her recent financial disclosure report, officials with Bill Clinton's private office and the Clinton campaign said.

Former president Bill Clinton uses a shell company called WJC, LLC to move money from his clients to his own pocket

Since the company's accounts are typically empty after each transfer, Hillary didn't have to disclose its existence

Because the company, WJC, LLC, has no financial assets, Hillary Clinton's campaign was not obligated to report its existence in her recent financial disclosure report, officials with Bill Clinton's private office and the Clinton campaign said.

They were responding to questions by The Associated Press, which reviewed corporate documents.

The officials, who spoke on condition of anonymity because they were not authorized to provide private details of the former president's finances on the record, said the entity was a 'pass-through' company designed to channel payments to the former president.

.

(Excerpt) Read more at dailymail.co.uk ...


TOPICS: Constitution/Conservatism; Crime/Corruption; News/Current Events
KEYWORDS: 2016election; bill; clintoncash; clintonfoundation; criminalentiprise; criminals; election2016; hillary; hillaryclinton; hitlery; liz; llc; pages; passthroughcompany; peterschweizer; wjcllc
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Full title:

Hillary Clinton's financial disclosure omitted 'pass-through' company used by Bill Clinton to collect consulting fees – and nobody knows how much

US government has green-lighted Bill Clinton's consulting relationships with his former counselor Doug Band, entertainment investor Casey Wasserman and film investor Steve Bing

Band's company Teneo Holdings gave Hillary aide Huma Abedin a second income after her husband, former Rep. Anthony Weiner, resigned in disgrace following a sexting scandal.

Check out article...

.

1 posted on 05/26/2015 3:22:46 PM PDT by LucyT
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To: Old Sarge; EnigmaticAnomaly; Califreak; kalee; TWhiteBear; freeangel; Godzilla; ...

We did it! We got away with it again.

2 posted on 05/26/2015 3:27:33 PM PDT by LucyT
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To: LucyT
Nothing that pair of World class Grifters would do, would surprise me.
3 posted on 05/26/2015 3:32:54 PM PDT by mongo141 (Revolution ver. 2.0, just a matter of when, not a matter of if!)
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To: LucyT

WOW! Thanks for posting, LucyT. Inside workings of possibly the greatest crime family in the history of the republic.


4 posted on 05/26/2015 3:34:35 PM PDT by PGalt
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To: LucyT

Unreal.


5 posted on 05/26/2015 3:37:37 PM PDT by RushIsMyTeddyBear (The White House is now known as "Casa Blanca".)
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To: LucyT

This sure ain’t tabloid journalism. Looks like it has really long legs.


6 posted on 05/26/2015 3:38:17 PM PDT by umgud (When under attack, victims want 2 things; God & a gun)
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To: umgud

It should.


7 posted on 05/26/2015 3:41:09 PM PDT by Jane Austen (Boycott Mexico)
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To: LucyT

btt


8 posted on 05/26/2015 3:46:42 PM PDT by Jane Austen (Boycott Mexico)
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To: LucyT
The William Jefferson Clinton Laundry and Dry Clean, LLC?

-PJ

9 posted on 05/26/2015 3:48:36 PM PDT by Political Junkie Too (If you are the Posterity of We the People, then you are a Natural Born Citizen.)
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To: LucyT
Brace yourselves for every possible euphemism for money-laundering from the media in coming days.
10 posted on 05/26/2015 3:52:46 PM PDT by SpaceBar
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To: LucyT
When still another Clinton scam percolates to the top only to disappear quickly ... I remember Martha Stewart who ended up serving time in prison for insider trading. By my reckoning if the media showed the same enthusiasm in going after the Clintons they displayed in pillorying Martha ... the Clinton's gig would be up ... no question.
11 posted on 05/26/2015 3:53:18 PM PDT by BluH2o
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To: LucyT

If you or I did this, we would be in jail.


12 posted on 05/26/2015 3:59:45 PM PDT by CPT Clay
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To: Liz; stephenjohnbanker

The ______ is floating to the top


13 posted on 05/26/2015 4:04:18 PM PDT by hoosiermama (Obama: "Born in Kenya" Lying now or then or now?)
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To: LucyT

RICO


14 posted on 05/26/2015 4:14:10 PM PDT by Steven Tyler
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To: LucyT

Exactly my thoughts each time a picture like this is shown. They are really proud of themselves for putting another one over on us. We will all celebrate when their empire comes tumbling down, which in a righteous world will be happening soon!

I don’t believe for a minute either of them is/are smart enough to organize the convoluted schemes that they’re operating under but I’d sure like to know who has put it all together.


15 posted on 05/26/2015 4:21:21 PM PDT by Thank You Rush
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To: Steven Tyler

“”RICO””

Exactly where it should end up!!!!


16 posted on 05/26/2015 4:22:00 PM PDT by Thank You Rush
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To: LucyT
I have a similar LLC, although it does own assets. It provides some liability protection. But, net income passes directly to my tax return, where it is taxed at individual rates. It's all legal, and has survived a detailed audit (and that wasn't the reason for the audit).

But, I don't use it to hide from disclosure rules.

17 posted on 05/26/2015 4:23:16 PM PDT by justlurking (tagline removed, as demanded by Admin Moderators)
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To: LucyT

According to the campaign, the AP story proves [he] was looking “to avoid disclosure” of the “mysterious corporation.”

“In fact, he left this entity off of seven different personal financial disclosure statements he was required to file under state and federal law since 2001. “We already know about [his] $3 million Swiss bank account and millions of dollars of investments in foreign tax havens like the Cayman Islands.

Bermuda does not tax corporate income or capital gains. Until [he] releases additional years of tax returns, the American people will never know whether he created this shell corporation to intentionally avoid paying U.S. taxes. What is [he] trying to hide?”

***************************************************

The above is from July 2012, as reported by AP, The Hill, and other MSM sources. The portions [he] and [his] were edited by me to remove the person named in the story. It sound similar to what’s being reported in this latest Clinton discovery, but it was about Romney. Will it see the same coverage here instead of being disclosed by the British press? Don’t hold your breath.


18 posted on 05/26/2015 4:23:56 PM PDT by edpc (Wilby 2016)
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To: LucyT

When do people go to jail?


19 posted on 05/26/2015 4:31:13 PM PDT by ForYourChildren (Christian Education [ RomanRoadsMedia.com - Classical Christian Approach to Homeschool ])
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To: ForYourChildren

When Obama can no longer give them a presidential pardon


20 posted on 05/26/2015 4:58:52 PM PDT by hoosiermama (Obama: "Born in Kenya" Lying now or then or now?)
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