Clinton Foundation auditor also in Global Crossing scandal

Terry McAuliffe turned $100,000 into $8 million

NEW YORK – The Clinton Foundation did not heed the warnings of its hired private auditor, leaving the organization vulnerable to accusations of “pay-to-play” and personal enrichment, according to emails from the account of Hillary Clinton campaign Chairman John Podesta released by WikiLeaks.

The accounting firm hired by the Clinton Foundation – Simpson, Thacher & Bartlett – also was the auditor for Global Crossing, the telecommunications company that infamously skyrocketed in value in the late 1990s before going bankrupt in 2002.

Longtime Clinton ally Terry McAuliffe, the Democratic governor of Virginia, turned a $100,000 investment in Global Crossing into a profit of more than $8 million before the company’s stock crashed. News of McAuliffe’s contributions of $675,000 to the election campaign of the wife of the FBI deputy director who oversaw the investigation of Hillary Clinton’s use of a private email server rocked the Clinton campaign this week.

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