[T]he foundation portrays itself as do-gooder nonprofit organization but a cursory look reveals questionable and incomplete disclosures of its activities and accounts, as well as incredible misspending of donor money, virtually since its inception.OK. That could be interesting.
Naturally, this can’t be stated in polite society. For example, the New York Times just had a story on the Clinton Foundation that found highly questionable conduct but buried it under the bland headline, “Rwanda Aid Shows Reach and Limits of Clinton Foundation.” Other stories have mentioned that the foundation has partnered with assorted dictators and robber barons. Among the latter is Canadian “mining magnate” (read: "penny stock artist") Frank Giustra, who donated millions to the foundation after Bill Clinton helped him land a mining concession for him in Kazakhstan....
However, the problems appear set to catch up with the foundation (now formally known as the Bill, Hillary, & Chelsea Clinton Foundation), which has until November 16 to amend more than ten years’ worth of state, federal and foreign filings. According to Charles Ortel, a financial whistleblower, it will be difficult if not impossible for the foundation to amend its financial returns without acknowledging accounting fraud and admitting that it generated substantial private gain for directors, insiders and Clinton cronies, all of which is against the law under an IRS rule called inurement.
Via D29, an investigation into the Clinton Foundation.
By Grim on Tuesday, October 27, 2015