Clinton Foundation "Charity Fraud"

Wall Street Analyst Who Warned on GE Ahead of Crash Calls Clinton Foundation “Charity Fraud” Michael Krieger

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.

– From last year’s post: Senior Fellow at Sunlight Foundation Calls the Clinton Foundation “A Slush Fund”

Thanks to Charles Ortel, it’s time to prepare ourselves for some more Clinton Foundation revelations.

The Wall Street analyst who uncovered financial discrepancies at General Electric before its stock crashed in 2008 claims the Bill, Hillary, and Chelsea Clinton Foundation has a number of irregularities in its tax records and could be violating state laws.

Charles Ortel, a longtime financial adviser, said he has spent the past 15 months digging into the Clinton Foundation’s public records, federal and state-level tax filings, and donor disclosures. That includes records from the foundation’s many offshoots—including the Clinton Health Access Initiative and the Clinton Global Initiative—as well as its foreign subsidiaries.

This week, Ortel is starting to release his findings in the first of a series of up to 40 planned reports on his website. His allegation: “this is a charity fraud.”

http://libertyblitzkrieg.com/2016/05/06/wall-street-analyst-who-warned-on-ge-ahead-of-crash-calls-clinton-foundation-charity-fraud/

EXCERPT 1/22/15-—FR POSTED——HAT TIP DANIEL GREENFIELD

Benghazi was a city that was effectively under the control of Jihadists, some of them blatantly identifying with Al Qaeda. Hillary Clinton might as well have sent Ambassador Stevens into an Al Qaeda training camp with terrorists providing his security. And that’s effectively what she did.

Her dismissive line about sending diplomats to dangerous places whitewashes what happened. Now that we’ve cleared away Hillary’s lies, let’s get to the truth. The Libyan War, like the rest of the Arab Spring, was about empowering the Muslim Brotherhood.

And there were cruder motives in the mix. Hillary Clinton hid emails discussing the exploitation of Libya’s oil fields. The Clintons had made an art out of merging their political and financial agendas. They had extensive ties with figures in the energy industry and the companies that dug into Libya’s energy sector, Royal Dutch Shell and BP, were Clinton Foundation donors.

Some of the deleted emails discussed this with Clinton Foundation employee Sidney Blumenthal, who was also providing Hillary Clinton with supposed intel from business interests while promising that the Libyan War would be an easy matter. Blumenthal encouraged “shock and awe” bombing in Libya.

According to Congressman Gowdy, who has been investigating the events in Benghazi, “Blumenthal pushed hard for a no-fly zone in Libya before the idea was being discussed internally by senior U.S. government officials.” He blasted Obama for being “unenthusiastic about regime change in Libya.”

Blumenthal called for providing the Jihadists with “armor piercing weapons” and called Secretary of Defense Gates a “mean, vicious little prick” who is “losing” the debate. Blumenthal also offered the very specific “national interest” argument that Obama would later echo, suggesting that he was unknowingly repeating the talking points of a man he loathed which had been handed to him by Hillary Clinton. He also told Hillary Clinton that the war had to be ramped up or Obama would lose the election.

Having dragged Obama into Hillary’s war, Blumenthal was now pushing Hillary to blackmail him with the threat of losing the election if he didn’t escalate the conflict. Meanwhile he was pursuing his interest in getting the Libyans to pay for military training from a private military company he was linked to.

The entire nightmarish mess of Democratic conspiracy theories about Iraq, Blood for Oil, politicians fighting wars to win elections, corporate conflicts of interest and even private military companies are all here and no one will touch it. A roster of Democratic candidates still running against the Iraq War won’t talk about an illegal dirty regime change war that took place with their backing and support.

—SNIP—rest at frontpage.mag.com

I wunder how much Chelsea got? Oh, wait—she doesn’t care about $$.

(Excerpt) Read more at judicialwatch.org ... On September 15, in a telephone call with then-Egyptian Foreign Minister Mohamed Amr, Secy Clinton emphatically portrayed the “stupid, very offensive film” as the root cause of the Benghazi violence. Clinton told Amr, “I have repeatedly, as has the President and other officials in our government, deplored not only the content of this stupid, very offensive film… But we have to exercise more self-discipline… otherwise we’ll be in a vicious downward circle against everyone who has ever felt offended, particularly on the internet….”

After referring to Benghazi, Secy Clinton’s telephone call with then-Egyptian Foreign Minister Mohamed Amr also contained a curious reference to what the former secretary referred to as a “very successful investment visit led by my deputy Tom Nides, and on the very day they left, this series of incidents began to unfold.”

According to the Washington Post, Nides, who was deputy secretary for management and resources at the State Department, was at the same time responsible for “communications with donors” to the Clinton Foundation. Nides was also involved in the scandal involving Clinton’s efforts to provide special access to State Department officials for hedge fund clients of her son-in-law, Marc Mezvinsky.

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Then-Sen Hillary made a special effort to make friends w/ Wall Street.

Then-US Sens Clinton and Corzine.

Corzine was fresh out of Goldman Sachs executive suite. Corzine came from Wall Street to Capitol Hill. Then back to Wall Street to head a company that hired Bill Clinton @ $50,000 per month, AND also misplaced $1.3 Billion investor dollars.

=============================================== Goldman Sachs top echelon are nuts for Hillary. The G/S biggies "invested" in Hillary's SIL's hedge fund. SIL's cockamamie investing turned the fund into an economic disaster according to the WSJ.

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THE CLINTON CORZINE CONNECTION: The NY Post reported Dec 2011 that Teneo was advising MF Global, the doomed international brokerage firm headed by former New Jersey Gov. Jon Corzine (and ex-US Senator). The firm paid Teneo an eye-popping $125,000 a month as it was imploding and losing millions for its investors. Bill Clinton was also pocketing at MF Global--- an astounding $50,000 per month.

EXHIBIT ONE Corzine was fresh out of Goldman Sachs executive suite, buying his NJ Senate seat office for $65 million; then buying the NJ governorship. Out of office, he ran a hedge fund where $1.5 B went missing....its advisor Teneo was connected to both Bill Clinton and then-Secy of State Hillary's top aide Huma Abedin.

EXHIBIT TWO When Chelsea Clinton's husband started a hedge fund, he gained access to investors who had ties to the Clintons and to Goldman Sachs. Back in 2011, Mezvinsky, now 37, and two former Goldman Sachs'ers — Bennett Grau and Mark Mallon — began raising money for Mezvinsky's Eaglevale Partners LP hedge fund.

Some of Mezvinsky's "investors" included Goldman Sachs CEO Lloyd Blankfein. Blankfein, a slavish Democrat supporter, said he had "always been a fan of Hillary Clinton."

The WSJ reported extensively on the hedge fund's underperformance since its inception and Mezvinsky's mediocre investing and strategizing.

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THIS JUST IN---Bloomberg is reporting G/S's CEO Lloyd Blankfien is a newly-minted billionaire---and also has his own Foundation.

Mmmmmmmm....the sound of wire-transfers is almost palpable.

The IRS says the biggest tax evasion fraud is one Foundation writing a check to another Foundation. The check receiver takes a cut, then wire-transfers the bulk to an offshore bank for the check-writer's use later ----- the way these "humanitarians" skim off-tax free dollars for themselves.

As the Russians gradually assumed control of Uranium One in three separate transactions from 2009 to 2013, Canadian records show, a flow of cash made its way to the Clinton Foundation. Uranium One chairman used his family foundation to make four donations totaling $2.35 million. Those contributions were not publicly disclosed by the Clintons, despite an agreement Mrs. Clinton had struck with the Obama White House to publicly identify all donors. Other people with ties to the company made donations as well.

And shortly after the Russians announced their intention to acquire a majority stake in Uranium One, Mr. Clinton received $500,000 for a Moscow speech from a Russian investment bank with links to the Kremlin that was promoting Uranium One stock.

At the time, both Rosatom and the United States government made promises intended to ease concerns about ceding control of company assets to the Russians. Those promises have been repeatedly broken, records show. (hat tip amorphous)

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The NYT report WRT the sell-off of strategic US uranium assets noted that the uranium investors also donated to the Clinton Foundation, as follows:

<><> Canadian Frank Giustra—globe-trotting pal of Bill-—donated $31.3 million and a pledge for $100 million more to the Clinton Foundation. Giustra built a company that later merged with Uranium One. Seems to have facilitated the uranium sell-off.

<><> Canadian Ian Telfer—donated $2.35 million to the Clinton Foundation. Mining investor who was chairman of Uranium One when an arm of the Russian government, Rosatom, acquired it.

<><>Paul Reynolds—donated $1 million to $5 million to the Clinton Foundation Adviser on 2007 UrAsia-Uranium One merger. Later helped raise $260 million for the company.

<><>Frank Holmes-—donated $250,000 to $500,000 to the Clinton Foundation. Chief Executive of U.S. Global Investors Inc., which held $4.7 million in Uranium One shares in the first quarter of 2011.

<><> Canadian Neil Woodyer-—Founded Endeavour Mining with Giustra—donated $50,000 to $100,000 to the Clinton Foundation. Adviser to Uranium One.

<><> GMP Securities Ltd.-—Donating portion of profits to the Clinton Foundation. Worked on debt issue that raised $260 million for Uranium One. (needs to be rigorously scrutinized---could also be the Clinton Foundation money-laundering apparat)

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The NY Times reported the "Clinton Giustra Enterprise Partnership" collected about $33 million US tax dollars from Hillary's State Dept between 2008 and 2013.....$25 million of which was passed back across the border to the US-based Clinton Foundation.

Giustra then pledged $100 million to the Foundation after Clinton helped him clinch the mega-bucks uranium deal.

ITEM---millions of dollars and 1,100 donors are shrouded in mystery in the Canadian Giustra/Clinton operation. The Clinton Foundation signed a memorandum of understanding with the Obama White House agreeing to reveal its contributors every year. The agreement stipulates that the Clinton Giustra Sustainable Growth Initiative (as the charity was then-known) is part of the Clinton Foundation and must follow the same protocols.

SURPRISE: It hasnt.

Caught w/ his pants down, Giustra/s backtracking like crazy---saying Canadas federal privacy law forbids the Canadian-registered Clinton charity, from revealing its donors.

A memo he provided news organs cites fiduciary obligations to its contributors and Canada’s Personal Information Privacy and Electronic Disclosure Act. “We are not allowed to disclose even to the Clinton Foundation the names of our donors,” Giustra says.

However, Canadian tax and privacy law experts were dubious of the Clinton/Giustra claims. A former director knowledgeable about tax policy at Canada's Department of Finance, said he wasnt aware of any tax laws that would prevent the Clinton charity from releasing its donor names. QUOTE There's nothing that would preclude them from releasing donor names. It's entirely up to them.

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Hillary and Frank Giustra, left.

Hes a mining mogul......he facilitated the takeover of US uranium assets.... he received tax dollars from Hillary's State Dept.

Canadian mining magnate Frank Giustra is one of the Clinton Foundation’s largest donors. Giustra's $100 million contributions go directly:

<><> (1) to the tax-exempt Clinton Foundation, and,

<><> (2) to the Canada-based "Clinton-Giustra Enterprise Partnership."

The "Clinton-Giustra Enterprise Partnership" in turn sends money to the Clinton Foundation...(according to Canadian tax records researched by "Clinton Cash" author Schweizer).

DATA Sources: Clinton Foundation, CGEP (Canada);
Canadian tax records; compiled by Alberto Cuadra and
Rosalind Helderman May 3 at 8:11 PM

ARTICLE LINK http://www.washingtonpost.com/politics/wealthy-canadian-helps-fund-the-clinton-foundation/2015/05/03/f855ea22-f1ea-11e4-90bc-afe06f530791_graphic.html

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Per the article:

Exposed – The Clinton Foundation is Running a $20 Million Private Equity Firm in Colombia

How the Clinton Foundation Paid Sidney Blumenthal $10K per Month as He Gave Horrible Libya Advice to the State Dept.

How Donations to the Clinton Foundation Led to Tens of Billions in Weapons Sales to Autocratic Regimes

What Difference Does it Make? 1,100 Foreign Donors to Clinton Foundation Never Disclosed and Remain Secret

Senior Fellow at Sunlight Foundation Calls the Clinton Foundation “A Slush Fund”

More Clinton Foundation Cronyism – The Deal to Sell Uranium Interests to Russia While Hillary was Secretary of State

More Hillary Cronyism Revealed – How Cisco Used Clinton Foundation Donations to Cover-up Human Rights Abuse in China

This is How Hillary Does Business – An Oil Company, Human Rights Abuses in Colombia and the Clinton Foundation

Clinton Foundation’s Deep Financial Ties to Ukrainian Oligarch Who Pushed for Closer Ties to EU Revealed

Hillary Clinton Exposed Part 2 – Clinton Foundation Took Millions From Countries That Also Fund ISIS

When Ortel tried to match up the Clinton Foundation’s tax filings with disclosure reports from its major donors, he found massive discrepancies between (1) what some major donors listed as the amounts and purposes of their Clinton Foundation donations.....,and, (2) what the Clinton Foundation listed as donations and what they did with it.

POSTER'S NOTE The legal culpability of a tax-exempt charity consists of soliciting and taking money.... and showing how they spend it.

So if the Clinton Foundation raised money using emails or the US mails and cited a specific "do-good cause" but used the donated money elsewhere, that is considered electronic/mail fraud.

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

REPORT ELECTRONIC FRAUD TO THE FBI:
https://www.fbi.gov/contact-us

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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."

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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A SLUSH FUND FOR THE CLINTONS!