Hillary Clinton’s presidential campaign was full of scandal and crime.
From her many sudden illnesses to her investigation by the FBI, it is surprising to find that there may be more skeletons hiding in Clinton’s closet.
Recently, a major embezzlement deal was revealed to have gone down involving Clinton’s businesses—and it means Clinton may finally be facing time.
Hillary Clinton transferred leftover campaign funds to her private company, in the amount of $150,000, in the months following her defeat according to the Federal Election Committee.
The Daily Caller reported:
The Clinton campaign has paid $149,457 to ZFS Holdings LLC, since May 2017 for the purpose of “rent,” FEC filings show, but the campaign has left it unclear if it’s paying at, above or below fair market value for the office space it’s renting.
Also, the rent payments to ZFS were sent to the same address as Rorrie Gregorio, Clinton’s personal financial manager.
“Obviously, it has a certain fishiness to it,” former FEC chairman and founder of the Institute for Free Speech Brad Smith told The Daily Caller News Foundation about the rent payments.
If ZFS is undercharging the Clinton campaign for rent, it could “constitute something of value to the committee and would thus be an in-kind contribution,” according to a 1995 FEC ruling. But if ZFS is overcharging the campaign, it could mean campaign funds are going to the company Clinton solely owns.
Using campaign funds for personal use—despite the reason—is inherently illegal.
Clinton attempted to claim the funds for business rather than personal use, but her explanations for the transfer are not adding up.
The Daily Caller continued:
Using campaign funds for personal use is a violation of federal campaign law. According to Campaigns and Elections, “knowing and willful” violations of the personal use rule can result in prosecution and jail time.
Clinton registered ZFS as a single-member LLC shortly after she left the Department of State in early 2013 for the purpose of managing her speech and book income, according to financial disclosures she filed with the FEC.
What Is The Clinton Campaign Renting From Clinton’s Personal Office? Clinton signed a lease in 2014 for personal office space on the 27th floor of Tower 45 in Midtown Manhattan, according to news reports at the time. But ZFS is the actual leaseholder, according to CompStak Inc., a provider of real estate data.
ZFS is renting an estimated 6,500 to 7,000 square feet and costing in the low $60s per square foot, according to crowdsourced, analyst-reviewed lease information CompStak provided TheDCNF. This means Clinton’s LLC is estimated to be paying between $32,500 to $38,000 per month for her Manhattan digs. The lease, according to Compstak, began in the second quarter of 2014 and will expire in the second quarter of 2019.
After Clinton declared her candidacy in 2015, Politico reported that her campaign had installed 10 to 15 campaign staffers and interns to work regularly in the Clinton’s Tower 45 office space.
But the Clinton campaign didn’t direct rent payments to ZFS during the election. Rather, regular monthly payments of $29,346 to $33,488 were sent to Kamber Management, the property manager for Tower 45, filings to the FEC show.
Clinton’s excuses will likely continue to pile up— but she may soon face serious charges for what she has done.
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