Bill and Hillary Clinton may soon learn an expensive lesson: Eventually, a gullible public recoils and revolts when it finally understands and admits that it’s been deceived.

What the Clintons pass off as “charities” are, instead, unregulated multibillion-dollar slush funds that they and others tap to finance champagne-and-caviar lifestyles and periodic political campaigns.

A close and ongoing review of accounting work product covering its Oct. 23, 1997, inception through Dec. 31, 2009, confirms that the “organization,” using federal Employer Identification Number (EIN) 31-1580204, never procured formal audits of its financial statements that consistently apply U.S. generally accepted accounting principles, period by period.

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Accounting work product passed off as compliant by the organization is found here.

Even if one does not have a basic understanding of the rules, one will question why BKD LLP, the accounting firm that worked for the foundation from its early years through 2013, did not even address its work in 2004 and 2005 to the correct legal name for the organization.

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When one understands the special accounting rules that apply to U.S. charities that solicit donations across state lines, one has difficulty explaining why Robert Mueller, James Comey and Rod Rosenstein failed to win convictions against numerous parties as obvious charity frauds escalated from 2001 through 2005, while the FBI and U.S. attorneys were investigating the Clinton Foundation.

Those who hold the vital U.S. nonprofit sector in high regard have every right to demand that the U.S. Department of Justice (DOJ), the IRS, and state attorneys general explain why obvious frauds have flourished without sanction for so long.

Tax-exempt organizations must account accurately for their financial inflows and outflows, and they must be overseen by independent trustees (directors). It is my view that no charity connected to the Clintons has complied with applicable laws and regulations, ever.

Will Clinton Indictments come soon? The trouble with using charities criminally for personal and political gain is that tax-exempt organizations must file extensive records with governments.

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This evidence then circulates in the public domain and remains accessible to anyone who may care, unlike garden-variety criminal conspiracies, which generally try to keep as few records as possible.

In the end, vast criminal charitable schemes ultimately get exposed, co-conspirators are indicted, and, if prosecutors are determined and adept, even the most powerful among us end up convicted, fined, and/or incarcerated.

Related: How $37 Million From the Clinton Foundation Disappeared in Baltimore

Just ask former U.S. Representatives Corrine Brown (D-Fla.) and Steve Stockman (R-Texas) what happened when U.S. attorneys made cases against each of them. The charge: charity fraud conspiracies far smaller than those orchestrated in the names of the Bill, Hillary & Chelsea Clinton Foundation and its numerous affiliates.

So now we watch with keen interest — will President Donald J. Trump’s Department of Justice soon prove that no one is above the law, especially not a former president, a failed presidential aspirant, and their families?

Ferreting out charity frauds takes patience and determination. Since February 2015, I have been studying records of the many entities that claim to be charities and have connections to Bill, Hillary or Chelsea Clinton.

By March 2015, I was certain the IRS and other government authorities likely were compromised because a quick pass through a raft of Clinton Foundation filings identified rippling red flags suggesting numerous frauds. Yet federal, state and foreign taxing authorities seemed regularly to give these “charities” passes.

What’s more, starting in 2010 the same IRS officials and DOJ attorneys who should have been targeting Clinton Foundation charity frauds instead were, it seemed, unfairly intimidating tax-exempt entities or applicants that appeared connected to Tea Party, evangelical, and conservative groups.

These contradictions reinforce long-held views that calling Washington, D.C., a swamp, is an insult to swamps.

So on April 20, 2015, I published a lengthy primer explaining my concerns and began the task of trying to educate the public and government authorities about the crimes and dangers I saw, concentrating upon the Clinton network of “false-front” philanthropies.

Momentum built when, on May 5, 2015, then-Fox News host Bill O’Reilly, for his own reasons, called on the FBI to investigate the Clinton Foundation.

These contradictions reinforce long-held views that calling Washington, D.C., a swamp, is an insult to swamps.

Then, on July 10, 2015, the FBI mounted a serious, full-scale investigation into a topic that likely is related — mishandling of classified information by former Secretary of State Hillary Clinton and others — seen in records posted online. (Start with part one, then read “transcript” of Hillary Clinton “interview” in part two here.)

Would Hillary Clinton dare to use the office of secretary of state for private gain, in violation of this regulation and many laws?

If so, how would the Clintons monetize her tenure as secretary of state via the Clinton Foundation from Jan. 21, 2009, through Feb. 1, 2013, and then seed her second attempt to win the U.S. presidency in continuing to access Clinton Foundation donors and resources?

Surface-level answers are found in abundant evidence that remains publicly available — so imagine how much line FBI agents must know about the Clinton record.

Similarly, what must DOJ Inspector General (IG) Michael Horowitz know about efforts to stall a Clinton Foundation FBI inquiry until the Hillary Clinton victory that never happened on Nov. 8, 2016?

Related: It’s Time to Declare the Clinton Foundation the Biggest Charity Fraud Ever

How did the Clintons almost pull off the largest set of charity frauds ever attempted? Thomas Jefferson reminded us elegantly, back in 1782, of the ancient trade of money for influence:

“With money, we will get men, said Caesar, and with men we will get money.”

Soon Americans and the world may learn just how carefully Horowitz and his team have “followed the money” ostensibly sent to the Clintons since 1997.

To be continued.

Charles Ortel, a retired investment banker, concentrates on exposing complex frauds in his new career as an investigator, writer and commentator. Since August 2017, he has been hosting the “Sunday with Charles” podcast and covering the Clinton Foundation case in depth, using publicly available source materials.​ To view his previous LifeZette contributions, go here.​

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