The Clinton Foundation as a money-laundering scheme

When you put together all the revelations about the Clinton Foundation and its affiliates that have cascaded our way (and continue to arrive), one explanation makes sense. It was a money-laundering scheme designed to obtain and camouflage foreign money paid to the Clintons to curry favor, including favorable treatment by Hillary Clinton’s State Department.

Sean David of The Federalist makes the case:

The scheme works like this: collect millions of dollars in foreign money, dump it into a foreign charity, pretend that the law prohibits you from ever disclosing the identities of those foreign donors to the foreign charity, then have the foreign charity bundle all the cash and send it to the Clinton Foundation. Then, when the time comes–whether it be a Clinton Foundation conference or a lavish Clinton Foundation trip overseas–make sure those individuals get some me-time with the Clintons.

As The Federalist detailed earlier this week, the Clinton Foundation spun off the bulk of its charitable medical activities back in 2010. By 2013, the main Clinton Foundation entity — the Bill, Hillary, and Chelsea Clinton Foundation — housed only a handful of charitable initiatives, the largest of which existed solely to serve the Clintons, via their conference series and the Clinton presidential library, rather than truly charitable causes. In 2013, for example, the Clinton Foundation spent less than 10 percent of its budget on charitable grants.

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