Charles Ortel is a former Wall Street banker, having been a Managing Director at Dillon Read and Newport Value Partners, and private financial investor. In 2007 he became a whistleblower and was instrumental in bringing down General Electric after revealing GE’s fraudulently overvaluing its stock by many billions of dollars to mislead its investors. For the past fifteen months, Charles has been undertaking a thorough review of the financial records and collaborations and networks of the Bill, Hillary and Chelsea Clinton Foundation. His analysis investigated the Foundation’s fundraising practices, its allies and associates, its so-called charitable interests, and its political and corporate connections both in Washington and overseas. He received his BA from Yale and an MBA from Harvard Business School. His weekly blog exposing the Clinton Foundation can be found at CharlesOrtel.com
Charles Ortel, a former Wall Street banker and investor whose digging into the financials of General Electric in 2007-2008 proved that the conglomerate had fraudulently overvalued its stock by hundreds of billions of dollars, has been detailing exclusively on Leid Stories major financial and accountability problems with the international philanthropic conglomerate operating as the Bill, Hillary & Chelsea Clinton Foundation.
Today Ortel, who has charged that the foundation is engaging in massive charity fraud, traces the “disappearance” of $60 million that allegedly was given as a “soft” political contribution to the foundation during the time that Gov. Terry McAuliffe (D-Virginia), a close friend and political ally of Bill and Hillary Clinton, was a lead member of the foundation’s board.
McAuliffe is being investigated by a joint FBI-U.S. Justice Department probe looking into illegal contributions he allegedly accepted through the foundation for his own election campaign.
In a startling development related to yesterday’s program about the Clinton Foundation, news broke that Gov. Terry McAuliffe (D-Virginia)—a close friend and political ally of Bill and Hillary Clinton and a former member of the foundation’s board—is the target of a joint FBI-U.S. Justice Department investigation, allegedly for taking illegal campaign contributions.
The probe speaks directly to the issue our guest, former Wall Street banker and investor Charles K. Ortel, returns to today: the highly questionable fundraising practices of the Bill, Hillary & Chelsea Clinton Foundation.
Ortel blew the whistle on General Electric in 2007-2008, after his own investigation of the financial records of the conglomerate revealed it had fraudulently overvalued its stock. Ortel says his own examination of the Clinton foundation’s financial records leads him to believe it is engaging in massive fraud under the guise of a philanthropic organization.
Haitian-born journalist Dady Chery, author of the recently published We Have Dared to Be Free: Haiti’s Struggle Against Occupation, has written extensively on developments in Haiti and emerging nations for News Junkie Post. She joins Ortel in discussing the Clintons’ sordid history in Haiti.
Charles K. Ortel, a former Wall Street banker and investor, blew the whistle on General Electric in 2007-2008, after tearing its financial reports apart and finding the conglomerate had been lying to its investors, fraudulently overvaluing its stock by hundreds of millions of dollars.
Fifteen months ago, Ortel began looking forensically at the Bill, Hillary & Chelsea Clinton Foundation—a politically connected philanthropic conglomerate with multiple related entities, global interests and highly questionable fundraising practices. Like GE, he said, its financials were telling as very different stories from those it “officially” reported.
In an exclusive, no-holds-barred interview, Ortel again blows the whistle. What he has discovered about the Clintons’ foundation is that it is “a complete fraud,” he alleges.