The Clinton Foundation yesterday ostensibly met a hard Nov. 15 IRS deadline for current fiscal reports on its operations as well as key information and documents missing from old reports. But the information submitted raises new questions about whether the foundation fully or truthfully accounted for its complex operations.
The IRS had given the foundation an extended deadline in August, when the foundation said it could not compile all that was asked for by that time. A new due date was set, and complete records for the foundation and all of its affiliated projects were to be submitted by Nov. 15, with no additional extensions.
Charles Ortel, a retired Wall Street banker turned financial investigator, has been tracking the Clinton Foundation and its affiliated spinoffs all over the world for two years. He blew the lid off Wall Street crime during the 2008-2009 crash when he proved that several major corporations were overvaluing their stock.
Ortel’s self-initiated probe of the Clinton Foundation has led him to conclude that a cleverly designed slush fund for the Clintons and “the largest unprosecuted fraud in U.S. history.”
He presents his initial analysis of the documents the foundation submitted to the IRS yesterday.