Posted by Tina
The highly respected Charles Ortel, a Wall Street analyst, has been looking into the books of the Clinton Foundation and its many offshoots such as the “Clinton Health Access Initiative and the Clinton Global Initiative—as well as its foreign subsidiaries.” (Ortel is known for uncovering financial discrepancies in GE’s books just before it’s stock crashed in 2008). The scope of what he’s found makes the email/private server scandal looks like preschool:
State, federal, and foreign laws bar public charities from being run for private gain in interstate commerce—which means, by using the mail, telephones or the internet. The Clinton Foundation’s complex operations (it is not just one entity but a web of them) do not comply with this requirement. Nor does the Clinton Foundation ever seem to have submitted its financial records to an independent, properly certified audit by a qualified accounting firm. http://thebookinsider.com/
Overall I consider the Clinton Foundation to be a charity fraud network. I base this conclusion on my review of extensive data about its operations including the activities of the Clinton family and their friends in Haiti, a nation that has suffered many disasters, both natural and manmade.
What possesses powerful, wealthy, and educated persons to prey on the most desperately poor humans on earth as they posture as “philanthropists”? And why has there been no government oversight?
Expect an increased flow of detailed disclosures centering upon Exhibits 1 through 40 through this website, and continued reaction to breaking developments via my twitter account (@CharlesOrtel).
Our readers will want to bookmark this webpage and check in often. Ortel estimates the level of fraud worldwide could exceed $100 billion, measured since 1997. He has a message for us:
…state, federal, and foreign government authorities, that should be keenly aware of this massive set of criminal frauds, so far, move at a snail’s pace, perhaps waiting for the Federal Bureau of Investigation to reveal the scope of its work and the nature of any findings.
In the short term, you can help by educating yourselves concerning strict laws that do apply to publicly supported charities, including all Clinton Foundation entities, and their fundraising agents.
And there is one concrete, cost-free, step you can take–you can join me in prodding the Federal Trade Commission to reverse its incorrect decision not to undertake review of the Clinton Foundation record, even though it has recently and vigorously pursued far smaller offenders that committed illegal activities whose consequences were less damaging.
Please send out the following tweet to all three FTC Commissioners and to Congresswoman Blackburn, that links to my detailed reports and prods two ends of the political spectrum:
Investigate the REAL @ClintonFdn record @EdithRamirezFTC @MOhlhausenFTC @TMcSweenyFTC @MarshaBlackburn www.charlesortel.com @CNN @FoxNews
Please also spend time reading and sharing these new materials together with others that are found at my website, and can be downloaded, free of charge.