The IRS began investigating the Clinton Foundation in 2019 but abruptly stopped and cut off whistleblowers, according to memos obtained by Just The News.
“Can’t talk about the CF [Clinton Foundation],” one of the memo stated as it cut off the two Clinton Foundation whistleblowers.
Just The News reported:
Years after the FBI was forced to shut down multiple corruption probes of Bill and Hillary Clinton’s charity, the IRS under President Donald Trump began a criminal tax investigation into the Clinton Foundation and its dealings with other players on the global charitable stage, but then abruptly stopped working with whistleblowers in spring 2019, according to IRS memos and internal emails reviewed by Just the News.
“Can’t talk about the CF,” a memo states in recounting how IRS agents suddenly cut off contact with two whistleblowers they had been working with for weeks. One of the whistleblowers was a decorated former federal money laundering analyst who had testified before Congress about issues like terrorism financing.
The documents, released under the Freedom of Information Act, add a new body of evidence about the federal government’s concerns about the former first family’s famous global charity as well as a persistent narrative of federal agents being thwarted in their pursuit of investigations tied to major Democratic Party figures.
John Moynihan, a retired Drug Enforcement Agency financial crimes analyst, and Larry Doyle, a corporate tax compliance expert, had spent years researching the Clinton Foundation, testifying to Congress about it and providing the IRS with evidence of alleged financial wrongdoing by the Clinton Foundation.
In 2018, the whistleblowers, Lawrence Doyle of DM Income Advisors and John Moynihan of JFM Associates, argued that according to their research, the Clinton Foundation was operating outside of its bounds as a 501c3 non-profit organization and instead operated exactly like the global fund in Geneva, Switzerland by brokering money and pharmaceuticals.
Mr. Moynihan also stated that 60% of the donations going to the Clinton Foundation were used for “administration fees” which is a stark difference from the industry norm of 10-15% for admin fees.
“The investigation clearly demonstrates that the [Clinton] Foundation was not a charitable organization per se, but in pointed fact was a closely held family partnership,” Mr. Doyle said.
Doyle continued, “As such, it was governed in a fashion in which is sought in large measure to advance the personal interests of its principles as detailed within the financial analysis…and further confirmed within the supporting documentation and evidence.”
Congressman Jim Jordan (R-OH) asked the whistleblowers to elaborate on their claims the Clinton Foundation was operating as an agent of a foreign government.
“They were brokering money and they were brokering pharmaceuticals — they were an agent of money through these donors, they would take a vig (fee), broker the money and then they negotiated these relationships with the pharmaceutical companies — by the same token they were brokering the pharmaceuticals and again taking the vig (fee),” Doyle said.
Mr. Moynihan then explained to Congressman Jordan that the Clinton Foundation became a hybrid of a private foundation and a public charity which they were not approved to do.
In a shocking admission, Mr. Moynihan said, “Our analysis shows that this hybrid modeled the global fund in Geneva, Switzerland.”
The Clinton Foundation was doing all of this and not paying the same taxes as they would had they been operating as a partnership which means they potentially misled the IRS.
Recall that failed Attorney General Jeff Sessions appointed US Attorney John Huber to investigate the Clinton Foundation in 2017.
The investigation ended without charges.
Huber never interviewed any key figures in the two-plus years of his investigation.
Key whistleblowers, Doyle and Moynihan, were never interviewed and their evidence against the Clinton Foundation was lost THREE TIMES during the sham investigation.
US Attorney John Durham took over aspects of Huber’s investigation into the Clinton Foundation and once again the probe concluded with no charges.
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