A scam--say some of its former employees.
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The Clinton Foundation: An even bigger scam!
NEW YORK – Former President Bill Clinton developed a methodology of exploiting epidemics and natural disasters to raise hundreds of millions in “charitable donations” that in a relaxed regulatory environment could be diverted to personal gain, funding Hillary Clinton’s political campaigns and supporting Democratic Party causes, charges Wall Street analyst Charles Ortel, who has conducted an in-depth investigation of the foundation’s finances.
Ortel points to Bill Clinton’s involvement with the American India Foundation, which the former president co-founded in 2001 with Rajat Kumar Gupta, the India-born philanthropist who headed the international management consultancy firm McKinsey & Company.
Gupta is now in prison for criminal insider trading.
“The Clinton Foundation financial fraud began with the illegal disaster relief efforts started in February 2001, when Clinton started chasing donations for Gujarat, India, without IRS authorization and subsequently substantial funds went missing, diverted from helping disaster victims by a bevy of scoundrels, including Rajat Gupta, now incarcerated,” Ortel wrote in a new report.
As WND has reported since last spring, Ortel has accused the Clinton Foundation of illegally enriching its namesakes, Bill, Hillary and Chelsea Clinton.
In September, WND reported Ortel’s conclusion that the Clinton Foundation’s solicitation of “charitable donations” to fight HIV/AIDS in Third World countries traces back to a conversation Bill Clinton had with Nelson Mandala in 2002. However, the Clinton Foundation did not receive IRS tax-exempt authorization to fight HIV/AIDS until eight years later.
Ortel is finalizing additional reports that show the Clinton Foundation illegally exploiting natural disasters, including fighting HIV/AIDS internationally, beginning July 2002; tsunami relief in January 2005; Hurricane Katrina in August 2005; and Haiti, beginning in 2009.
“All years from 2001 onward when the Clinton Foundation operated are not audited as required, so it is difficult to be precise, but total Clinton Foundation fraud runs to hundreds of millions of dollars,” Ortel now estimates, “with diversions for political purposes and personal enrichment likely to exceed $200 million.”
Read more at http://www.wnd.com/2015/10/cli...#7Mm4sMlW0VmG6xxs.99
Another of Condie's many, duplicative posts.
When I looked at the Clinton foundation statements, only 10 percent appeared to go to charities.