Washington Examiner | Major Holes in Clinton Foundation Financial Records

via the Washington Examiner:

 

Clinton Foundation - Fraud (200x200)Financial analyst alleges major holes in Clinton Foundation records

by Sarah Westwood | May 15, 2016

After more than a year of research, a Wall Street analyst is arguing the Clinton Foundation’s books are riddled with financial inconsistencies that rise to the level of “fraud.”

Charles Ortel, who gained recognition for correctly identifying problems with General Electric’s financial statements in 2008, has prepared 40 reports highlighting discrepancies that he said proves the Clinton Foundation has covered up cash flow since 1997.

The financial whistleblower said his 15 months of research revealed gaps in the amount of money donors claim to have given and the amount of money the foundation claims to have received.

The Clinton Foundation network is actually comprised of several different charities that all perform seemingly similar functions. Those include the Clinton Health Access Initiative, the Clinton Global Initiative, the Clinton Climate Initiative and several more, all with varying degrees of overlapping finances.

Ortel said the foundations’ complex paper trails are littered with mistakes and repeat filings. (Read More)

 

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