REPORT: Questions arise over Hillary Clinton’s use of leftover campaign funds

BY ANNETA GRIFFEE / MAY 14, 2018 /

GET the DML NEWS APP (FREE) Click Here

As the most reliable and balanced news aggregation service on the internet, DML News offers the following information published by FreeBeacon:

Hillary Clinton has sent $150,000 in leftover funds from her presidential campaign committee to a limited liability company that was established to manage her book and speaking income, filings show.

Clinton registered ZFS Holdings LLC, a Delaware-based LLC, on Feb. 8, 2013, just days after leaving the State Department, records filed with the Delaware Division of Corporations show. Later, in April 2014, paperwork was filed with New York State’s Department of State.

The article goes on to state the following:

ZFS’s listed agent on its Delaware forms is the Corporation Trust Company, a wholly owned subsidiary of Wolters Kluwer, a Netherlands-based global company that provides services to legal, business, tax, accounting, finance, audit, risk, compliance, and healthcare clients.

The agent’s address, which is used by more than 285,000 companies, including Trump business entities, is known as an epicenter of U.S. corporate secrecy.

 Clinton’s LLC was established to manage her income, a spokesperson acknowledged during the 2016 presidential campaign.

The Free Beacon noted in their report that personal use of leftover campaign funds is illegal under federal campaign finance law, and further reports the following:

Payments from Hillary for America, Clinton’s former campaign committee, to ZFS began well after the election was over.

The first transaction from the committee to ZFS was made on May 4, 2017 in the amount of $32,929.28, nearly six months after Trump had defeated Clinton. Each payment from the committee to ZFS was marked as “rent.”

Seven additional payments were made ranging from $9,617.87 to $36,369.39. The most recent payment to ZFS, for $20,822.92, was made on March 15, filings show.

The campaign has pushed $149,456.78 to ZFS Holdings since early May of last year.

To weigh in on this information provided by FreeBeacon, engage in our LIVE CHAT below. Scroll down.



DML News offered you the above information as part of our ongoing effort to educate and inform people around the world. You can obtain additional information by visiting FreeBeacon