Did the Clinton Foundation Steal from the Poor?

Exclusive News Junkie Post and Haiti Chery Interview With Charles Ortel

Introduction

The Clintons have many problems these days, but the worst of them is probably the information that Charles Ortel started to release from his website and Twitter account (@charlesortel) in early May 2016. Ortel is the financial analyst who exposed General Electric’s stock as being overvalued before it took a dive in 2008. After 15 months’ examination of the public records of the Clinton Foundation entities, he finds that huge sums of money cannot be accounted for, and he believes that it is a family affair for Bill, Hillary and Chelsea Clinton to harm the victims of disasters and the desperately poor throughout the planet. Educated and privileged people like the Clintons should know better, yet they preen, even now, believing we will fall for the hype manufactured by their handlers. The true, damning facts, however, are out there for each of us to see. There is a special revulsion against charity fraud that we did not cover in an earlier interview. We discuss this with Charles Ortel.

Dady Chery: For you, this is a moral issue.

Charles Ortel: It is reprehensible to operate a supposed charity in gross violation of applicable laws and simultaneously seek adulation and the highest political office in the most powerful nation on earth. Such conduct needs to be fully exposed and then punished to set an example.

Charity, the notion of actually helping less fortunate and deserving souls, is an ancient practice prevalent in most cultures. In the United States, it happens that the poorest among us are also the most generous, if you measure their annual donations relative to their annual incomes. Much great work is done by the charitable sector and this important, generally selfless conduct, should be encouraged and admired.

That said, to corrupt a presidential charity under the glare of the publicity that surrounds celebrity followers of the Clinton Foundation is gross, indefensible conduct by educated persons who seem to have no moral compass and no shame.

DC: In your discussions of the Clinton Foundation on your website and elsewhere, Charles, you often bring up the absence of tax audits by the Clinton entities. What is the problem there?

CO: By audits, I mean detailed income statements, balance sheets, cash-flow statements, and footnotes that are double-checked, that is “audited,” by competent, informed and licensed accounting firms. Accounting firms understand the numerous detailed requirements that must be followed as these audits are completed. Furthermore, the management and trustees of large entities, like those of the Clintons, are required to certify that the information contained in these audits is true, accurate, and complete. This is different from the process by which the IRS might decide to audit a given tax return. All financial information provided to the IRS by charities whose revenues are above a low threshold must procure financial statements and supporting information that are audited and must make this work available to taxing authorities and to the general public.

The Clinton entities have repeatedly failed to get their financial statements properly audited. This is an ongoing abuse. I believe they got away with this probably because Lois Lerner was a key person in the IRS who oversaw tax-exempt charities, including the Clinton entities, from 2001 through 2013. She left her post in disgrace. She is alleged to have used the IRS to target conservative and Tea Party groups, and she might also have used her influence with regulators not to target charities of politically allies.

DC: A lot of funds were collected by Clinton entities for recovery from natural disasters.

CO: Shortly after leaving the White House in January 2001, Bill Clinton teamed with Rajat Gupta, then managing partner of consulting giant McKinsey, and since convicted of criminal misconduct, to, in theory, aid victims of an earthquake that struck on January 26, 2001 in Gujarat, India. Records available in the public domain for this charity, American India Foundation, show clearly that it was organized on the basis of a false and materially misleading application to the IRS, that it failed to provide compliant financial audits, and that it failed to make complete, truthful and regular filings in numerous US states where it continues to solicit donations using the mails, telephones, and digital media, in stark violation of applicable laws. Bill Clinton has served as Honorary Chairman for this entity since inception, a fact that is used prominently in fundraising campaigns. Nevertheless, his role with this illegally operated charity is not disclosed in Clinton Foundation filings with state, federal and foreign authorities.

Starting in January 2001, Bill Clinton became involved in international activities that he pursued invoking the name of the Clinton Foundation; these included disaster relief in India and fighting HIV/AIDS in many nations, including in Haiti starting in 2003. None of these international activities were validly authorized in advance by the IRS, US state governments, or foreign governments, as is legally required. Especially in the early period, Bill Clinton and the Clinton Foundation did not have adequate and sufficiently trained staff to exercise tight and effective controls over these international activities. As a result, it appears that substandard and even adulterated drugs manufactured by an Indian supplier then called Ranbaxy may have been distributed in numerous countries under the auspices of the Clinton Foundation.

Later, Bill Clinton became involved with George H. W. Bush, starting in 2005, in fundraising efforts to, in theory, aid victims of the Tsunami that devastated many Asian nations in the December 2004. Fundraising efforts in this case were also not documented properly or organized in full compliance with applicable state, federal, and foreign laws.

Beginning in August 2005, former presidents Clinton and George H.W. Bush mounted additional illegal and improperly organized efforts to, in theory, aid victims of Hurricane Katrina. Defective forms and filings related to this effort are available, following persistent digging, but omitted from the Clinton Foundation website, though some of the purported financial effects and other supposed accomplishments are covered in various materials found there, including press releases, annual reports and tax filings, that are riddled with accounting errors for 2005, in particular.

DC: What do you perceive as being the most serious problem with fund collection for disaster relief?

CO: When natural disasters strike, many of us are motivated to help however we may be able to do so. As we became more connected on the internet and more comfortable sending money using internet services, larger and larger sums started flowing towards those who represented they might be capable to aid victims of natural disasters. Unfortunately, this incoming money flow, in tiny bites is a perfect opportunity for fraud. Fraudsters realize that portions of this money might be picked off operating unregistered charities with names and websites that seem legitimate. This is why the FBI warns donors to be wary when it comes to making contributions after natural disasters.

DC: I often say: “What happens in Haiti doesn’t stay in Haiti.” Given the real prospect of another Clinton presidency, should Americans worry?

CO: It is more than ironic that the United Homeless Organization, which used to have seemingly poor people at tables all over New York with glass jars to collect money, was revealed as a fraud back in November 2009.

As it happens, the Clinton family was homeless and in severe financial distress back in 1998. Since then, public reports suggest they have acquired vast wealth during a period when most in America have struggled. It seems more than fair to ask exactly how one squares reaping massive financial gains with efforts supposedly led by the Clintons to engage in “charitable” work, particularly given rampant and material defects in all public filings of Clinton-related charities from inception to date.

When the Clintons last occupied the White House they were destitute, according to published reports, and America was in a far stronger position strategically and economically, compared to other nations, than now.

Absent controls, and a US president is difficult to stop, an enriched Hillary Clinton and her extended family are likely to run roughshod over political enemies and competitors in ways that are terrifying to contemplate.

DC: Could some good come from this?

CO: It is certainly possible that Hillary Clinton may win the presidency before the whole truth becomes known regarding operation of and fundraising for the Clinton Foundation and all its related entities.

Alternatively, if the general public digs into the facts and goes to the public record, justice may be administered to all those centrally involved in perpetrating what seems to be the largest and most far-reaching charity fraud ever attempted anywhere on earth.

The downfall of Hillary Clinton and of her family  for having, in my view, illegally used a charity to derive personal financial gains might then become an example not to follow: a cautionary tale useful, in future, to constrain others from even daring to consider such pursuits.

DC: Thank you Charles.

Editor’s Notes: Dady Chery is the author of We Have Dared to Be FreePhotographs two and four by Alex Proimos; three from The Oglethorpe University archive; five by Zoriah; six from the archive of Cristal Montanez; seven from the archive of ILO in Asia and the Pacific; eight from Nazareth College archive; and nine by Gilbert Mercier.

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33 Responses to Did the Clinton Foundation Steal from the Poor?

  1. +77 Vote -1 Vote +1Al
    May 29, 2016 at 11:02 am

    Well the poor are luckier than most of the people the Clinton’s have an association with. At least they didn’t end up committing suicide by shooting themselves in the back of the head multiple times.

  2. +57 Vote -1 Vote +1American
    May 29, 2016 at 11:04 am

    What difference does it make the Clinton’s will get away with it, Obama will make sure of that, he wants the fools to continue his rein of terror on the US.

  3. +40 Vote -1 Vote +1sr
    May 29, 2016 at 11:06 am

    Hillary’s Brother involved in Gold Mine Scandal In Haiti–exploiting the poor Haitians.
    MORNE BOSSA, Haiti — Drive down the rutted dirt road a couple of miles to the guardhouse, then hike 15 minutes up to the overgrown hilltop, and there it is: a piece of 3 1/2 -inch-wide PVC pipe sticking out of the ground.

    Tony Rodham’s involvement with the mine, which has become a source of controversy in Haiti because of concern about potential environmental damage and the belief that the project will primarily benefit foreign investors, was first revealed in publicity about an upcoming book on the Clintons by author Peter Schweizer.

    In interviews with The Washington Post, both Rodham and the chief executive officer of Delaware-based VCS Mining said they were introduced at a meeting of the Clinton Global Initiative — an offshoot of the Clinton Foundation that critics have long alleged invites a blurring of its charitable mission with the business interests of Bill and Hillary Clinton and their corporate donors.

    Asked whether he attends CGI meetings to explore personal business opportunities, Rodham responded, “No, I go to see old friends. But you never know what can happen.”

  4. +30 Vote -1 Vote +1sr
    May 29, 2016 at 11:07 am

    After touting estate tax, Bill and Hillary Clinton seize on loopholes—From Liberal CBS News…..Estate tax champions Bill and Hillary Clinton are doing just about everything in their power to stave off hefty estate taxes on their own personal fortune, according to Bloomberg News.

    The report out Tuesday shows that the two heads of the political dynasty have been seizing on legal but slippery loopholes to minimize taxes on inherited wealth – maneuvers not atypical of multimillionaires but which will inevitably drum up cries of hypocrisy based on the Clintons’ active support for the estate tax in the past.

    Bloomberg cites county property records that show the Clintons divided ownership of their New York home into separate 50 percent shares, then placed those shares into trusts. The moves ensure that any growth in the house’s value will occur outside their estate and that they can claim a discounted value for the home, which could save the Clintons hundreds of thousands in estate tax avoidance.

    “The goal is really be thoughtful and try to build up the nontaxable estate, and that’s really what this is,” David Scott Sloan, a partner at Holland & Knight LLP in Boston, explained to Bloomberg. “You’re creating things that are going to be on the nontaxable side of the balance sheet when they die.”

    Bill Clinton supported the estate tax during his eight-year tenure in the Oval Office; Hillary Clinton during her 2008 White House bid advocated making the wealthiest Americans pay more estate tax by capping the per-person exemption at $3.5 million and setting the top rate at 45 percent. Without the estate tax, she said during a 2007 appearance with billionaire Warren Buffet, the United States could devolve into a nation that’s “dominated by inherited wealth.”

    As the early frontrunner for the 2016 Democratic presidential nomination, Hillary Clinton stands to hurt the most from the newfound disconnect. In 2012, similar criticisms dogged Republican nominee Mitt Romney after reports surfaced suggesting his fortune was housed in offshore bank accounts in Bermuda, the Cayman Islands and Switzerland.

    The Bloomberg report also happens to come on the heels of another wealth-related headache for the former secretary of state.

  5. +37 Vote -1 Vote +1Dahlgren
    May 29, 2016 at 11:09 am

    It all depends on what your definition of “steal from” is.

  6. +68 Vote -1 Vote +1Robert
    May 29, 2016 at 11:29 am

    I don’t understand why anybody would vote for this fraud, cheat, liar and totally immoral Hillary Clinton and put them back in office again when they were such a failure then and are even much worse now.

  7. +65 Vote -1 Vote +1Kevin Amsberry
    May 29, 2016 at 11:42 am

    Talk to the people in Haiti. Talk to people in Miami. Yes their money was stolen by the Clinton’s.

  8. +41 Vote -1 Vote +1christopher e riley
    May 29, 2016 at 12:02 pm

    After these clinton allegations surfaced around 3 years ago. All been pushed under the sheets, like no one will notice. Look at Red Cross, Goodwill. They all have become criminals. Owners and board members pay themselves. That is all the money goes too. Will never give to another charity ever again until I see real justice to those who corrupted these charities in the past.

  9. +66 Vote -1 Vote +1larry quadrato
    May 29, 2016 at 12:10 pm

    When 94% of the funds collected go for expenses of the Clinton lifestyle, salary for Chelsea and only 6% goes to the benefit of the poor, the yeah, that’s stealing BIGTIME from the poor.

  10. +25 Vote -1 Vote +1mike sambaluk
    May 29, 2016 at 12:26 pm

    Most charities are a rip off the CEO always earns hundreds of thousands a year

  11. +69 Vote -1 Vote +1thomas couchon
    May 29, 2016 at 12:45 pm

    The entire family…Bill, Hillary,,,and Chelsea, would look SO good, in a warm shade of orange!

  12. +73 Vote -1 Vote +1Helen Craven
    May 29, 2016 at 1:47 pm

    The Clintons don’t just steal from the poor. They steal from everyone.

  13. +43 Vote -1 Vote +1Lester Molton
    May 29, 2016 at 2:13 pm

    Put their ass in jail with Obama. He is just as bad The OBAMANATION.

  14. +27 Vote -1 Vote +1Andrew London
    May 29, 2016 at 2:22 pm

    Come on, give them credit. They don’t JUST steal from the poor…..

  15. +42 Vote -1 Vote +1Erik Sam
    May 29, 2016 at 3:27 pm

    Clintons are great at setting up foundations so they can use it as their own piggy bank.

  16. +36 Vote -1 Vote +1Sqlv
    May 29, 2016 at 3:41 pm

    Would anyone be surprised? The Clintons are all for themselves.

  17. +26 Vote -1 Vote +1Jane Toscano
    May 29, 2016 at 4:05 pm

    Edward Klein who wrote many books on the Clintons and I found his work to be very credible always noted that many of his sources stated that the trail to finding deception is to follow the Clinton Foundation.

  18. +31 Vote -1 Vote +1Deep Throat II
    May 29, 2016 at 4:45 pm

    When Bill and Hillary left office and Hillary ran for NY Senator, they were broke and had a lot of legal debt. But, for Hiilary to run for Senator, she had to be a legal resident of NY. So they picked a modest, 100-year-old Dutch Colonial at 15 Old House Lane, Chappaqua, New York for $1,700.000. They could not qualify for their mortgage due to the amount of legal debt they incurred so how did they do it? There was a Cottage House in the rear of the yard. They informed the mortgage company that Bill is required to have round-the-clock protection by the Secret Service for the rest of his life. So they drew up a lease, renting the Cottage House out to the Federal Government so the Secret Service could live there. The rent covered their mortgage payment. Basically, Bill and Hillary had their mortgage payment paid by the Secret Service. How’s that for Section 8 housing?

  19. +27 Vote -1 Vote +1RJ
    May 29, 2016 at 5:16 pm

    Why am I not surprised?

    The Clinton’s as far as I’m concerned define sleaze!

  20. +17 Vote -1 Vote +1LetMeGetThisStraight
    May 29, 2016 at 5:54 pm

    The inspector general, the FBI, and the IRS all have Hillary under the microscope. My odds are on the IRS taking the Clintons down. Al Capone was put in prison for tax evasion, not murder.

  21. +25 Vote -1 Vote +1Bud Tinwell
    May 29, 2016 at 6:38 pm

    As Charles Ortel made clear: It is reprehensible to operate a supposed charity in gross violation of applicable laws, and simultaneously seek adulation and the highest political office in the most powerful nation on earth. Such conduct needs to be fully exposed and then punished to set an example.

  22. +19 Vote -1 Vote +1AnotherBernie
    May 29, 2016 at 7:12 pm

    First “Billary” now “Hillbilly”. The cheating continues!

  23. +4 Vote -1 Vote +1J. Powell
    May 30, 2016 at 1:15 am

    It’s amazing to me how the voters have a choice between two
    ” one %’s ” to choose from and cannot see this !

  24. +6 Vote -1 Vote +1rick
    May 30, 2016 at 2:28 am

    We Americans that live a honest life should feel good about themselves, I can sleep at night, I have lost faith in Politicians on all levels, I get more enjoyment out of watching Fred Flintstone then hearing these Parasites make their promises that we know they will never keep.

  25. +14 Vote -1 Vote +1Jack Fredrickson
    May 30, 2016 at 4:42 am

    Well, Bill Clinton and Barney Frank, et al setup the whole mortgage fraud scheme by requiring banks to loosen lending laws. Then the 2008 crash (now they get to blame Bush), and record numbers of working poor in the US out of work (still). Then Obama re-jiggering the numbers so that it looks like they’re working again. So he stole the future from a lot of families in the U.S.

  26. +15 Vote -1 Vote +1tm
    May 30, 2016 at 5:56 am

    The Clinton foundation is not designed to help anyone. Its a tax dodge used to laundry money they get on speaking fees and pay offs. by using the foundation they can pay themselves and family members salaries expenses and never have to pay taxes on the income.

    The need to be arrested for running a tax dodge.

  27. +12 Vote -1 Vote +1tm
    May 30, 2016 at 6:00 am

    On anyone else the IRS would have taken away the tax free status by now.

  28. +8 Vote -1 Vote +1Chop
    May 30, 2016 at 8:07 am

    The Clinton’s have stolen from EVERYBODY.

  29. +7 Vote -1 Vote +1kimdi01
    May 30, 2016 at 8:33 am

    Just why do you think they (the Clintons) started this scam they call a charity? It was to line their pockets and their off shore bank accounts, not to help anybody else regardless of their status or stature. A good, complete an honest audit of the “charity” or as they like to call it, “foundation,” will reveal very little money going to charitable causes and a great deal to the Clintons, the Rhodams and their fawning acolytes who lie and obfuscate for them. They all belong in a federal penitentiary.

  30. +6 Vote -1 Vote +1Samouel
    May 30, 2016 at 8:48 am

    Only their political influence, corrupt friends and money has kept them out of prison.

  31. +3 Vote -1 Vote +1Parrish
    May 30, 2016 at 2:40 pm

    How does it continue? Why doesn’t the U.S. Attorney General investigate and prosecute?

  32. +4 Vote -1 Vote +1Gero Lubovnik
    May 30, 2016 at 5:47 pm

    “The Clinton entities have repeatedly failed to get their financial statements properly audited. This is an ongoing abuse.”

    If any of this is true, isn’t this enough by itself to present to a grand jury???? Once one starts connecting the dots the picture will become clear. Maybe Governor McAuliffe will roll over on the Clintons to save his own skin now that he is in deep doo-doo himself with campaign finance violations.

  33. +1 Vote -1 Vote +1Qub
    May 30, 2016 at 7:53 pm

    Apparently the Clinton Foundation is not a charitable foundation but a ruse. It looks like a Clinton scam that has a convoluted process for accepting donations (like coursing the money thru a Canadian entity), has jumbled, insufficient or “missing” records (not rare for the Clintons), unaudited financial statements, absence of required applications/filings/documentations and parts of its operation cloaked in secrecy.

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