By Ekaterina Blinova

November 27, 2019 "Information Clearing House" -  The Clinton Foundation has been in the news again after the entity's tax records showed a new multi-million fall in donations. Wall Street analyst Charles Ortel explained the entity's financial losses and why further scrutiny of the charity may expose new violations and conflicts of interests.

The Clinton Foundation’s 2018 tax return documents indicated a $16.8 million loss on revenue of $30.7 million in 2018. All in all the Clinton Foundation's donations have plummeted by $49.6 million since Hillary Clinton lost the 2016 election prompting the "pay to play" debate.

Neither a 'Public Charity' Nor Just a 'Charity'

Wall Street analyst and investigative journalist Charles Ortel, who has been looking into the Clinton Foundation's alleged fraud for more than four years, says that the answer to the question why the charity's donations dropped 90 percent since 2014 is the loss of political power by the Clintons.

"To me, it seems clear that the steep drop off in government support for the Clinton Foundation is Hillary Clinton’s stunning loss during 2016, and then her petulant refusal to accept that she lost because she campaigned poorly and arrogantly, turning off voters in key states who were captivated by Donald Trump’s message and promises to change the status quo for the better," Ortel notes.

However, the problem is bigger than just an alleged conflict of interests: the Clinton Foundation cannot be called a "public charity" or just a "charity" to begin with due to numerous violations of the IRS regulations concerning tax-exempt entities.