• Tag Archives Clinton Foundation
  • FBI Clinton Foundation probe finds ‘avalanche’ of corruption evidence

    An FBI investigation into the Clinton Foundation is likely to lead to an indictment unless the Justice Department interferes, two sources familiar with the probe told Fox News.

    The Clintons are accused of running a pay-for-play operation out of the State Department that favored donors to their charity – a charge they have denied.

    But the feds are ‘actively and aggressively pursuing this case,’ Fox’s Brit Hume said Wednesday, and they have an ‘avalanche’ of evidence.

    A Wall Street Journal report says the FBI’s pursuit of the case is rooted in recordings of a suspect in a different corruption case who spoke about the Clinton Foundation’s alleged dirty dealings.

    The FBI, lead by James Comey, is ‘actively and aggressively pursuing this case,’ the sources said. Attorney General Loretta Lynch’s Justice Department keeps telling the FBI to stand down, a second report revealed

    The FBI's pursuit of the case is rooted in recordings of a suspect in a different corruption case who spoke about the Clinton Foundation's alleged dirty dealings

    The FBI, under the leadership of director James Comey, believed those conversations were enough to move forward with the probe, the Journal says. Justice Department prosecutors disagreed because the source was not an employee of the Clinton Foundation.

    They considered the talk to be hearsay and did not think it would be enough to sway a grand jury.

    Fox is now reporting that federal investigators have collected ‘a lot of’ evidence, including Wikileaks emails to and foundation officials.

    The law enforcement agency has at least four other investigations open that involve the Clintons and their close friends, as well.

    Source: FBI Clinton Foundation probe finds ‘avalanche’ of corruption evidence | Daily Mail Online


  • Charity watchdog: Clinton Foundation a ‘slush fund’

    The Clinton Foundation’s finances are so messy that the nation’s most influential charity watchdog put it on its “watch list” of problematic nonprofits last month.

    The Clinton family’s mega-charity took in more than $140 million in grants and pledges in 2013 but spent just $9 million on direct aid.

    The group spent the bulk of its windfall on administration, travel, and salaries and bonuses, with the fattest payouts going to family friends.

    On its 2013 tax forms, the most recent available, the foundation claimed it spent $30 million on payroll and employee benefits; $8.7 million in rent and office expenses; $9.2 million on “conferences, conventions and meetings”; $8 million on fundraising; and nearly $8.5 million on travel. None of the Clintons is on the payroll, but they do enjoy first-class flights paid for by the foundation.

    In all, the group reported $84.6 million in “functional expenses” on its 2013 tax return and had more than $64 million left over — money the organization has said represents pledges rather than actual cash on hand.

    Some of the tens of millions in administrative costs finance more than 2,000 employees, including aid workers and health professionals around the world.

    But that’s still far below the 75 percent rate of spending that nonprofit experts say a good charity should spend on its mission.

    Charity Navigator, which rates nonprofits, recently refused to rate the Clinton Foundation because its “atypical business model . . . doesn’t meet our criteria.”

    Charity Navigator put the foundation on its “watch list,” which warns potential donors about investing in problematic charities. The 23 charities on the list include the Rev. Al Sharpton’s troubled National Action Network, which is cited for failing to pay payroll taxes for several years.

    Other nonprofit experts are asking hard questions about the Clinton Foundation’s tax filings in the wake of recent reports that the Clintons traded influence for donations.

    “It seems like the Clinton Foundation operates as a slush fund for the Clintons,” said Bill Allison, a senior fellow at the Sunlight Foundation, a government watchdog group where progressive Democrat and Fordham Law professor Zephyr Teachout was once an organizing director.

    In July 2013, Eric Braverman, a friend of Chelsea Clinton from when they both worked at McKinsey & Co., took over as CEO of the Clinton Foundation. He took home nearly $275,000 in salary, benefits and a housing allowance from the nonprofit for just five months’ work in 2013, tax filings show. Less than a year later, his salary increased to $395,000, according to a report in Politico.

    Nine other executives received salaries over $100,000 in 2013, tax filings show.

    The nonprofit came under fire last week following reports that Hillary Clinton, while she was secretary of state, signed off on a deal that allowed a Russian government enterprise to control one-fifth of all uranium producing capacity in the United States. Rosatom, the Russian company, acquired a Canadian firm controlled by Frank Giustra, a friend of Bill Clinton’s and member of the foundation board, who has pledged over $130 million to the Clinton family charity.

    The group also failed to disclose millions of dollars it received in foreign donations from 2010 to 2012 and is hurriedly refiling five years’ worth of tax returns after reporters raised questions about the discrepancies in its filings last week.

    Full article: http://nypost.com/20 … dation-a-slush-fund/