Showing posts with label Cayman Islands. Show all posts
Showing posts with label Cayman Islands. Show all posts

Tuesday, April 12, 2016

President Barack Obama Hiding Assets Abroad

While Lecturing People About Paying Their Taxes And Keeping Jobs And Money In America
 
 
Barack Obama
 
Recently leaked documents revealed the names of people, including heads of state, who have private bank accounts in Panama. Ironically, U.S. President, Barack Obama, was not mentioned. However, that's because his money is largely elsewhere. Obama has huge sums of money hidden in the Caribbean, which came from investment funds whose ownership traces back to America. 

The sales of Obama's books, along with his salary as president, do not justify the staggering sums, millions of dollars, he has in the international community. It's highly unethical that Obama has grossly and detrimentally meddled in the financial affairs of law abiding citizens he deems enemies in America and abroad, yet is dodging all accountability on funds in the international community that have not been subject to Internal Revenue Service (IRS) taxes and his salary and revenue streams simply cannot justify or substantiate.

Previously it was discovered, former U.S. President, Bill Clinton and his wife, current presidential candidate, Hillary Clinton, have millions of dollars hidden in the Cayman Islands and Colombia. This money is questionably outside the scrutiny of the Internal Revenue Service (IRS). The Clintons, like the Obamas, have moved substantial sums of money off U.S. shores.

Tuesday, November 24, 2015

The Clintons Accused Of More Shady Financial Dealings As Their Offshore Investment Fund Is Shutdown In Colombia


Hillary Clinton, Bill Clinton and daughter Chelsea Clinton

Presidential candidate, Hillary Clinton and her husband, former U.S. President, Bill Clinton, are mired in controversy this week, as their offshore company Fondo Acceso, was shut down in Colombia for operating as an unregistered private equity fund. A report on the Washington Free Beacon website reveals the company was "not registered as a private equity fund in the country, which may have allowed it to avoid certain industry regulations and oversight from the Colombian government."

The site also further states, "Fondo Acceso is registered in Colombia as a 'simplified stock corporation' which legal experts said precludes it from doing business as a private equity fund." Fondo Acceso had $20,000,000 in funds and branded itself a "private equity fund." In what also looks quite shady, the unregistered, private equity fund that kept the identity of its owners hidden (the Clintons) was run out of a Bogotá, Colombia office, when the Clintons' actual office is in New York.

This brings to memory the recent September 29, 2015 Judiciary Report article "Bill Clinton And Hillary Clinton Accused Of Hiding Money As $50 Million Disappears" which carried a report from the Forbes website  regarding the Clintons missing or hidden money. As stated in the column years ago, an investigation revealed the Clintons hiding money in the Cayman Islands.

STORY SOURCE

Clinton Foundation’s Colombian ‘Private Equity Fund’ Was Unregistered

Company’s website removed from internet after Thursday report

November 23, 2015 5:00 am - The Clinton Foundation’s Colombia-based investment company was not registered as a private equity fund in the country, which may have allowed it to avoid certain industry regulations and oversight from the Colombian government. Although Fondo Acceso described itself as a “Private Equity Fund” in company promotional materials and business presentations, it is not listed in a database of current or previously registered private equity funds maintained by the Colombian government.

Colombian legal experts consulted by the Free Beacon said that Fondo Acceso did not appear to have violated any laws by calling itself a private equity fund, as long as it was not doing so while trying to raise capital. According to its corporate records, Fondo Acceso is registered in Colombia as a “simplified stock corporation,” which legal experts said precludes it from doing business as a private equity fund.

Fondo Acceso’s website was also removed from the internet this week, shortly after the Washington Free Beacon reported that the $20 million investment firm was owned by the Clinton Foundation and was run out of the foundation’s office in Bogota... 
 

Wednesday, September 30, 2015

Bill Clinton And Hillary Clinton Accused Of Hiding Money As $50 Million Disappears


Chelsea Clinton, Bill Clinton and Hillary Clinton

Forbes magazine has done a piece on the finances of former U.S. President, Bill Clinton and his wife, current presidential candidate, Hillary Clinton. Forbes estimates the Clintons earned more than $230,000,000 since departing the White House in 2001. These figures were complied using tax records, advisory fees and salaries derived from speaking engagements in America and around the world.

However, Forbes now states, “If the Clintons made $230 million, spent $135 million and have just $45 million left over, what happened to the other $50 million?” The top accountants queried for the article were baffled. Either the Clintons’ gave their daughter Chelsea the money, to avoid a bigger tax payment when Bill dies or the couple is hiding money (though Bill does have a lot of side chicks - this could be where the money went - I‘m kidding).

Side Bar: an investigative piece years ago revealed the fact the Clintons have offshore accounts in the Cayman Islands.

STORY SOURCE

The Mystery Of Hillary's Missing Millions

Sep 29, 2015 @ 08:30 AM - Since Bill and Hillary Clinton left the White House in 2001, they have earned more than $230 million. But in federal filings the Clintons claim they are worth somewhere between $11 million and $53 million. After layering years of disclosures on top of annual tax returns, Forbes estimates their combined net worth at $45 million. Where did all of the money go? No one seems to know, and the Clintons aren’t offering any answers.

From 2001 to 2014 the power couple spent $95 million on taxes. Hillary’s 2008 presidential run cost her $13 million. Their two homes cost a combined $5 million, and the Clintons have given away $22 million to charity. All of this is according to FEC filings, property records and years of tax returns. Add it up and you get $135 million. If the Clintons made $230 million, spent $135 million and have just $45 million left over, what happened to the other $50 million?

“That’s kind of strange,” says Joe Biden’s accountant, Walter Deyhle. “You have to report all of your assets. You have to report assets that are owned by your spouse.” It seems unlikely that the Clintons could have spent all of it. Over 14 years $50 million averages out to $3.6 million in extra expenses per year, or $9,800 per day...
 

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Tuesday, December 11, 2012

The Law Has Caught Up With Former Premier Michael Misick The Ex-Husband Of Actress Lisa Raye

 
Actress Lisa Raye and husband, former Premier, Michael Misick

This is a follow up to the April 13. 2009 Judiciary Report article "Lisa Raye Slams Misick And Turks And Caicos." Former Turks And Caicos Premier, Michael Misick, was arrested in Brazil this month, after fleeing his homeland under a cloud of suspicion, regarding corruption and financial theft. Misick, who married Hollywood actress, Lisa Raye, in a union that ended in disaster, has been plagued by claims he stole the state money of the people of Turks and Caicos, a lovely island in the Caribbean.

Misick was also accused of illegally seizing and developing state land as his own. It has been said he went into office with $5,000 in his bank account, but his wife made claims that she is entitled to a big chunk of the $120,000,000 he has stashed in offshore accounts. Both Misick and Raye are in the wrong in their financial dealings in this matter. 


As a result of the couple's chronic six figure shopping sprees and expensively chartered private jets on the people's dime, the Turks And Caicos went into financial distress, which was then worsened by the global financial crisis that began on Wall Street. The British government then made the move to return the island to colony status and take over governmental administrative duties. 

Misick isn't the only one in trouble. In an unrelated case, the Premier of the Cayman Islands, McKeeva Bush, has been arrested for misuse of a government credit card. As the financial crisis continues in the world, people have become more concerned about where state money is going.