Apparently, a new scandal is forming on the horizon for the Clintons!
A Recent story from WND.com states:
“Bill and Hillary Clinton’s attack on Donald Trump over Trump University could invite increased scrutiny of the Clintons’ involvement in a for-profit education scandal in which a company that runs shell colleges paid Bill Clinton $16.5 million to be its pitchman.”
Now, what is this new scandal that has seemingly popped out of nowhere?
Let’s dig deeper.
Apparently, Breitbart reported that Bill CLinton’s newly released financial statements show $16.5 Million in donations from a company known as Laureate Education, which is America’s largest college company.
Who is it run and backed by? George Soros.
“Laureate is backed by several of the biggest names in finance, including Henry Kravis, George Soros, Steve Cohen and Paul Allen. When Laureate’s founder and chief executive, Doug Becker, persuaded these investors’ firms to take his company private in a deal worth $3.8 billion, Kravis’s firm, KKR, took a $487.5 million stake.”
They have also encouraged massive student debt for recent grads.
Take Walden University for example. Owned by Lauerate and run by Soros. HUGE Grad debt for those who took loans.
Now, for the Big Finale.
Bill Clinton was appointed by Laureate education in 2010 as Honorary Chancellor.
In April 2015, Clinton abruptly resigned as honorary chancellor of Laureate Education for one reason: The Release of Clinton Cash.
Now what could have been so significant that Caused Clinton to abruptly Resign?
Here’s the reason from Daily Bail:
“Laureate funneled Bill Clinton $16.46 million over five years while Hillary Clinton’s State Dept. pumped at least $55 million to a group run by Laureate’s founder and chairman, Douglas Becker, a man with strong ties to the Clinton Global Initiative. Laureate has donated between $1 million and $5 million (donations are reported in ranges, not exact amounts) to the Clinton Foundation. Progressive billionaire George Soros is also a Laureate financial backer.”
It’s liely that the money funneled back to Becker went to the International Youth Foundation, which claims to help those disadvantage find footing early in life for a successful job life. However Laureate has also partnered with the IYF to launch the YouthActionNet Program to promote social change. Likely Leftist change, which is where the money may be going.
Partners for program:
Here’s some info about USAID and Clinton you may want to read in the meantime, I’ll cover it in a later blog post this summer.:
Here’s a copy of the Agreement:
What is so important about this agreement?
Well, Laureate Education paid the former president through a “shell corporation” pass-through account, which is illegal, bypassing the State Department.
What is a Pass-through account?
“With a payable-through, pass through or pass-by account, a foreign financial firm is able to create a corresponding account in the US.
However, the foreign bank also provides checks to its foreign customers who might be interested in conducting US transactions.
These foreign customers are then able to write checks to withdraw from or make deposits into the account.
In general, these foreign customers of a foreign bank are not subject to anti-money laundering screening, but they end up having full access to the US financial system.”
So Basically, Clinton was being paid to Scam students out of money for loans they couldn’t pay back and put money in offshore bank accounts, against the wishes of the State Department.
What is a Shell corporation?
“A shell corporation is a company which serves as a vehicle for business transactions without itself having any significant assets or operations. Some shell companies may have had operations, but those may have shrunk due to unfavorable market conditions or company mismanagement. A shell corporation may also arise when a company’s operations have been wound up, for example following a takeover, but the “shell” of the original company continues to exist. Shell companies may be set up for illegal purposes, such as tax evasion, or formed in anticipation of attracting funding.”
It’s possible this money that was being stolen off of students was being used for foriegn investments by Hillary and Was Tax exempt.
Oh wow, This is HUGE if we can Bust and catch her!