Wall Street Whistleblower Analyst: "Clinton Foundation Charity Fraud"

[agracie]

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.

According to Ortel’s reports, the contribution disclosures from the Clinton Foundation don’t match up with individual donors’ records. He also argued that the foundation is not in compliance with some state laws regarding fundraising registration, disclosure requirements, and auditing rules.

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://freebeacon.com/issues/wall-street-whistleblower-turns-scrutiny-clinton-foundation/

[bkkyosemite]

1. Yep sounds like it ...

[nenagh]

2. K&R

[StayFrosty]

3. The Washington Free Beacon

I never thought I'd see the day when Conservative fringe websites like the Washington Free Beacon would be posted on this website.

[LiberalElite]

5. Hmmm.

"Joined May 3, 2016." Happy Fifth Day here.
Did you really mean to be in the Sanders Group? Take a left turn accidentally?

[catnhatnh]

6. You're not someone who has been here more than 5 days are you?

Maybe with a different name or something?

[thereismore]

7. Hahaha you've been thinking that for all of three days??! Welcome (to the bin). nt

[cantbeserious]

4. Bernie Is The Only Antidote For The Corrupt Nation Once Known As America

eom

[Babel_17]

8. Well, looks like we'll be having a national discussion on this

http://www.forbes.com/2009/08/04/ge-immelt-sec-earnings-business-beltway-ge.html

This fellow is relentless and has an audience. Bloomberg is the establishment, and conservative, but they MSM has no problem linking to them. Ortel's credentials are similar.

The above links are for context as to what he produces.

[Babel_17]

9. From Harpers, in November 2015

https://harpers.org/blog/2015/11/shaky-foundations/

It is beyond dispute that former President Clinton has been directly involved in helping foundation donors and his personal cronies get rich. Even worse, it is beyond dispute that these very same donors and the Clintons’ political allies have won the focused attention of presidential candidate Hillary Clinton when she served as Secretary of State. Democrats and Clinton apologists will write these accusations off as conspiracy mongering and right-wing propaganda, but it’s an open secret to anyone remotely familiar with accounting and regulatory requirements for charities that the financial records are deliberately misleading. And not coincidentally, those records were long filed by a Little Rock–based accounting firm called BKD, a regional auditor with little international experience.

The new audit that was released yesterday was prepared by PricewaterhouseCoopers (PwC), a major accounting firm. I’ve been told by multiple sources with knowledge of the review that PwC was under tremendous outside pressure to turn in a truthful audit as opposed to the shoddy work performed by BKD. “The audit is the key, it’s far more important than the amended tax returns,” Charles Ortel, an independent financial expert, told me. “PwC is a top firm and they will not be able to claim they didn’t know that the past audits were fraudulent because they have been informed of problems. If they certify that the Clinton Foundation is clean, when it is apparent it is not, PwC is done. It may go the way of Arthur Andersen.” Ortel, a former managing director of Dillon, Read & Co., who helped expose massive financial fraud by GE, GM, and AIG before the 2008 global financial meltdown, was referring to the accounting firm that missed massive fraud by Enron and subsequently collapsed.

[NJCher]

10. Sounds like

The walls are closing in on the Clintons. Every day--more investigations, more evidence, and more people speaking out.

This individual sounds credible, but one question I would have is how he financed his 15-month investigation. Why he did it is not really an issue, as anyone as visible as they are should expect to be investigated on a foundation.

Cher