Posted on 05/16/2016 9:39:20 AM PDT by COUNTrecount
After more than a year of research, a Wall Street analyst is arguing the Clinton Foundation's books are riddled with financial inconsistencies that rise to the level of "fraud."
Charles Ortel, who gained recognition for correctly identifying problems with General Electric's financial statements in 2008, has prepared 40 reports highlighting discrepancies that he said proves the Clinton Foundation has covered up cash flow since 1997.
The financial whistleblower said his 15 months of research revealed gaps in the amount of money donors claim to have given and the amount of money the foundation claims to have received.
The Clinton Foundation network is actually comprised of several different charities that all perform seemingly similar functions. Those include the Clinton Health Access Initiative, the Clinton Global Initiative, the Clinton Climate Initiative and several more, all with varying degrees of overlapping finances.
Ortel said the foundations' complex paper trails are littered with mistakes and repeat filings.
In November, the Clinton Health Access Initiative was forced to refile its tax returns after a review revealed big-ticket foreign donations that had been left off its Form 990 filing.
The Bill, Hillary and Chelsea Clinton Foundation has been removed from the website of a prominent nonprofit watchdog, Charity Navigator, because its "atypical business model can not be accurately captured" by methods used to size up traditional charities.
The pattern extends to smaller charities linked to the Clintons, Ortel noted. One organization founded by former President Bill Clinton, the American India Foundation, has problems that stretch around the country.
(Excerpt) Read more at washingtonexaminer.com ...
Before anyone gets too cocky, Barry has set up the same type of money laundering scheme, err, “foundation.”
http://www.barackobamafoundation.org/
“The work has just begun.
The President’s historic candidacy was never simply about winning an office; it was about building a movement to tackle challenges that would define a generation. This work will live on in the Obama Foundation, which will inspire citizens across the globe to better their communities, their countries, and their world.
Our Mission
As President Obama has said, the change we seek will take longer than one term or one presidency. Real change—big change—takes many years and requires each generation to embrace the obligations and opportunities that come with the title of Citizen.
The Obama Foundation will inspire the next generation of young leaders all over the world. It will convene the brightest minds with the newest ideas from across the political spectrum and draw strength from the rich diversity and vitality of Chicago, the city where the President and First Lady started a family and raised their daughters.
But most of all, the Foundation will ask all of us to take on big challenges and to believe that we can meet them together. Our history and President Obama’s legacy give us hope that even the most difficult change is possible, and the Foundation exists to carry on that great, unfinished project of renewal and global progress.”
Color me surprised.
The Clinton Foundation is more corrupt than Enron. But when no one is willing to investigate, what difference does it make?
Can’t name the Brit.
May have some connection to super criminal Marc Rich though.
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