The attached Executive Summary continues an investigation into the Clinton Foundation public record begun, by chance, in February 2015.
Readers who visit Clinton Foundation websites are forgiven for believing information found there presents the complete record.
In fact, key documents and disclosures are missing or contradict other filings that a persistent investigator only finds by scanning a raft of state, federal, and foreign databases.
In this letter, I explain my general approach to analyzing Clinton Foundation public filings, and list out specific topics that will shortly be covered in extensive detail.
Get ready for lots more analysis of the Clinton Foundation.
I will soon start posting new, in-depth, detailed reports explaining what I have found in the public record concerning the Clinton Foundation. In the latest document, I provide information concerning some of the new avenues we shall start exploring in coming days.
From beginnings in the state of Arkansas in 1997, the Clinton Foundation quickly grew to become a sprawling international organization after 2001, despite the fact that this tax-exempt entity was only authorized to serve as a facility devoted to the study of Bill Clinton’s tenure as president of the United States.
Especially from 2001 onwards, state, federal, and foreign governments have never regulated material defects in many Clinton Foundation public disclosures. Material deficiencies exist in documents ranging from filings from applications before the I.R.S., to registrations before U.S. state and foreign governments, to annual reports required in numerous legal jurisdictions.
Why?
From January 2001 through January 2009, when apparent unauthorized and illegal activities began and first escalated, Republicans were in control of the Executive Branch and had substantial influence in the House of Representatives, and in the Senate.
Was a decision reached in this period to give the Clinton Foundation free reign to operate outside any effective governmental controls--if so, by whom?
Since January 2009, even though Republicans held reduced influence within the federal government, many have held authority to investigate and to prosecute manifest unauthorized and illegal operating and fundraising activities of the Clinton Foundation.
Still, and even after multiple public and private warnings, no progress has resulted in attempting to bring the Clinton Foundation into compliance with strict U.S. state and federal laws.
So, perhaps we must rely on foreign government authorities to investigate obvious discrepancies in Clinton Foundation filings with records of major donors.
Please read the attached Executive Summary and then join with me, and with other citizens who believe that all public charities must be operated in strict compliance with applicable laws.
No individual stands above the law. And no person, not even a leading candidate for president of the United States is “too big to jail”, because government authorities and the major U.S. political parties are too conflicted to protect inherent interests of “we, the people”.
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Evaluation of Clinton Foundation public filings inside and outside the United States continues.
Starting 11 January 2016, I will publish additional detailed analyses that are designed to serve the audience of journalists, professionals, and government authorities familiar with the suite of laws and accounting guidelines that regulate IRS-approved public charities operating internationally.
For now, this brief update targets the general public and spares you consideration of the voluminous body of financial figures and words that Clinton Foundation entities send to the IRS, to regulators in key U.S. states, and to foreign authorities.
Though the subject of a given charity’s public disclosures is ordinarily dull, this case is a special one, particularly during what shapes up now as a momentous election year.
Here are 10 predictions, centered on the Clinton Foundation, that could affect developments during 2016 in many geographic locations.
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When you understand relevant accounting rules and laws, you will reach a simple conclusion: the Clinton Foundation (including all of its various corporate subsidiaries and "initiatives") has been operating boldly and illegally out of control, in plain view of the general public and government authorities.
Late on 16 November 2015, the Clinton Foundation filed tax returns for itself and for its largest operation (Clinton Health Access Initiative, Inc. or "New CHAI") concerning 2014. Also filed were amended tax returns for 2010, 2011, 2012, and 2013 for the main Foundation and amended tax returns for 2012 and for 2013 for New CHAI.
Welcome Washington Examiner readers. Here is a link to some prior work: Are Clinton Foundation Agents and Principals Truly Too Big to Jail? Here is a link to the Charity Fraud Countdown Clock.
Disaster relief charity fraud is a serious, escalating problem because it is so easy to perform and quite tough to police--just consider recent reports of such scams that are said to involve celebrities and even official government-linked enterprises, including many tied to the U.S. government and to the United Nations.
These first two General Exhibits introduce those who might have little familiarity with how financial frauds operate to warning signs that experts watch for, and to special and strict laws designed in New York state to catch charity fraud.
Trustees are one protection against charity fraud, assuming they take their solemn duties seriously and are given leave to exercise them independently. Particularly in the early period starting in 2001, Trustees do not seem to have been truly independent, nor did they take their duties seriously enough, judging from a close and ongoing review of Clinton Foundation public filings.
Competent, engaged, and independent accountants are another bulwark against charity fraud; however, from 2001 to present, no accounting firm associated with Clinton Foundation actually completed a proper audit of any Clinton Foundation entity, as is strictly required under numerous laws.
Read these first two Exhibits carefully and start to see for yourself how serious uncured problems are with regard to Clinton Foundation public disclosures and operating practices.
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Controversies swirling today in the press concerning public disclosures of the Clinton Foundation miss many important points.
Materially misleading historical tax returns and audited financial statements filed for Clinton Health Access, Initiative, Inc. (operating internationally from a base in Boston, MA) are just one small portion of a far larger set of epic problems with the entire Clinton Foundation complex of supposed charities.
Exhibits and Appendices presented starting today attempt to explain the wider set of issues that trustees, executives, substantial donors, connected insiders, and professional advisors must address and remedy before a hard deadline passes on midnight, 16 November 2015.
Pressure rises most upon several supposedly independent and accredited accounting firms that appear to have been duped by false and materially misleading representations made to them in the course of issuing “audits” for calendar years 2001 through 2013.
It is impossible for trustees to meet the imminent disclosure deadline lawfully without amending and explaining multiple years of false and materially misleading public disclosures that remained outstanding as Clinton Foundation principals and agents illegally solicited donations across state and national boundaries using the mails, telephones, and digital media.
Time is of the essence.
Will U.S. and foreign government authorities move to punish those responsible for operating a global disaster charity fraud whose scale, so far runs into the many billions of U.S. dollars?
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When you read my First and Second Interim Reports on the Clinton Foundation and its constituent elements, when you examine the facts for yourself, and particularly when you consider the more detailed analysis forthcoming starting 2 November 2015 on this site, you will understand that government authorities (inside and outside the United States) eventually will assist in exposing, and then punishing those responsible for massive, as yet unprosecuted charity frauds involving disaster relief.
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I start to explain why in this interview--next written report is scheduled for release late 30 April 2015 on www.charlesortel.com.
]]>My interest in the Clinton Foundation financial disclosures was originally sparked
by an article written in the New York Times entitled “Unease at Clinton Foundation over
Finances and Ambitions.”
Considering this article with the benefit of hindsight after having poured
through reams of public filings and comments made by the Clinton Foundation as
well as related parties, one wonders how seriously management, directors, and
other employees take their manifold legal duties, particularly when it comes to
making truthful and complete disclosures.
Since August 2013, few investigative reporters have dug deeply enough below the surface of Clinton Foundation filings, seeking and finding answers to questions concerning the stated financial performance of significant constituent entities as well as the consolidated whole.
I have completed a summary review of these filings, and have attached a report which answers a few key questions. Specifically:
Or, do the Clintons, and others who operate the Clinton Foundation, function as Robin Hood in reverse? Do they dupe small, modest income donors to enrich themselves and cronies?
Headline Conclusions of the First Foundation Report
The truth is that it is difficult to perform penetrating analysis of publicly available financial information pertaining to the Clinton Foundation because, so far, it is not technically complete in numerous material respects.
The numbers that the Clinton Foundation supplies to the public in its legally mandated filings do not add up, are frequently incorrect, and appear to be materially misleading. In numerous cases, the Clinton Foundation appears to have followed inconsistent policies adding in appropriate portions of the various activities it pursued around the world to create “consolidated” financial statements.
As the attached report notes, In several instances portions were added only for some of the years in which the entities remained in operation, artificially enhancing purported financial results. In other cases, important elements of activity were improperly characterized and combined.
Meanwhile the Foundation solicits donations even though its informational filings are not in compliance with applicable law. Regulators at Federal, State, Local, and international levels are not doing what they should do to protect the public.
Why?
And how long must we wait before regulators at home and abroad remedy rampant and persistent deficiencies in the Clinton Foundation's operating and disclosure practices.
The attached print report details ten specific concerns about the most recent Clinton Foundation filings. I invite your considered reaction.
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Much more likely to come explaining differences that integrity and moral clarity do make http://www.propublica.org/article/private-emails-reveal-ex-clinton-aides-secret-spy-network |
I met a great grandfather on his 101st birthday when I was 14...so I have long enjoyed soaking up wisdom from wise forbears...such a treat tonight to learn more,aboyr Dads early work after Bohr Institute w Lockheed where apparently I was an infant among the hydrogen bomb team (not my Dad's project) |
Just now, I asked my Dad about his latest invention (in process). His answer (he holds numerous patents, a PhD in nuclear physics, and studied w Nils Bohr): it's a great solar polar solution with only one issue...it just may need a parallel universe to function best...but surely one exists. And that is a fun portion of my life...so grateful. |
In no way is it a "secular organization" and its aims run counter to America's. No informed and thinking person should deny the dire threats posed by ascendancy of this diabolical group. Yet, our President and his team seems captured by it. WAKE UP "FOLKS"!
]]>The West in particular seriously under-estimates what Putin is trying to do and over-estimates our financial flexibility and ability to project military power against more potent, nuclear-armed adversaries such as Russia.
]]>There is much to consider so here is the second in a daily series. One wonders where charity ends and self promotion begins. http://www.breitbart.com/big-government/2015/03/16/clinton-foundation-financial-disclosures-still-a-shambles-despite-hillary-clinton-oversight/ |
To discuss Crimea/Russia--before then I will submit my latest piece to Breitbart diving into the details of already published Financial Reports for the Clinton Foundation that appear to contain material misstatements. These reports were published while Hillary served as a Director of the Foundation---if she cannot administer a comparatively small ($234 million in total revenues for 2012) charity, how will she steer a nation as big as America whose economy is more challenged than it ever has been?
]]>This is an important new summary or many issues that deserve INTENSE focus. And do not forget that Huma has a sister named Heba and a brother who also deserve attention!
http://www.wnd.com/2015/03/muslim-brotherhood-princess-used-clinton-email-server/
]]>There are many dots to connect thinking about all the places where American foreign policy has gone so badly off course since 20 January 2009. Tempting as it is to think about the pleasures inside our borders as we leave winter behind, consider studying this latest memo carefully and sharing it.
http://counterjihadreport.com/2015/03/11/the-betrayal-papers-part-iv-of-v-a-new-genocide/
]]>Read this carefully especially to note how loosely the Clinton Foundation was controlled. http://www.breitbart.com/big-government/2015/03/09/investment-by-bc-partners-in-teneo-holdings-may-create-serious-problems-for-the-clinton-brand/ |
Computer experts will explain that electronic records never actually disappear. In this case, there are lots of sloppy and greedy people involved---what one might attempt to destroy, another may still have. In the end, truth will out. Watch events in Egypt carefully--el Sisi must have LOTS of info, particularly email and other traffic American players thought was hidden, because it was sent in Arabic. I am guessing, not so much, and that NUMEROUS "folks" hacked the servers in DC, Chappaqua, as well as accounts of Teneo, Clinton Foundations. Moreover, there likely are many alias accounts (think Richard Windsor). Stay tuned.
]]>If anything is clear from daily scandal drippings, it must be that you simply should never believe anything that comes out from mouths of key Obama Administration personnel concerning the war America is losing against the obvious enemies carrying out radical Islamist jihad everywhere they can do so. Read this closely and please share:
]]>Facts matter--as the fog lifts over the battered economic landscape and Americans grow to appreciate that all President Obama has done is pile massive debts upon workers whose aftertax incomes remain under accentuating threat, the electorate that stayed home for Romney will come out in droves against Hillary, should Democrats unwisely select her. In this piece, I do not dive into why Benghazi and other foreign escapades under Hillary's watch DO matter. Stay tuned for much more on this and the web of conflicting interests that are part and part of the Team of Grifters who should not be allowed back inside the People's House EVER.
]]>The Obama Administration is feeding the gullible a pack of lies concerning the true aims of the Muslim Brotherhood and its rising, potent dangers to this once great nation. Examine claims made in this linked article for yourselves--if you conclude, as I do, that Barack Obama and his cohorts are embarked on a ruinous course, then start speaking up, get engaged in the political process, and remember that ALL politicians work for us and should be even more vulnerable to the global labor glut that is choking off opportunities inside the United States and in other high wage nations across Europe and Asia.
]]>Last year, the President's "flip-flop. photo-op" foreign policy drew attention to the plight of Christian women abducted in northeastern Nigeria. It was not the first time there that the Muslim majority trammelled rights of a substantial Christian minority--and it likely will not be the last. What has America done (not said) since then? Little--and so Boko Haram rises and grows to threaten millions of persons, as well as an important source of America's imported energy. How can a man with such direct roots in Africa so blithely gambol at fundraisers and on vacation while Africa burns at the hands of radical Islamic "civilization-deniers"?
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