JUST IN: NEW CLINTON SCANDAL BLOWS WIDE OPEN – John Podesta Could Face Felony
We’re sure you’ve already heard of John Podesta, Hillary’s campaign manager in 2016. He was in the news for some controversial claims, and now it seems that he has violated federal law by failing to disclose the receipt of 75 000 shares of stock from a Russian company back in 2014. Podesta took 100 000 shares of stock originally, given to him by Joule Unlimited Technologies (financed by a Russian company) in 2010 when he joined the board. However, when he left Joule Unlimited in 2014, he received 75 000 common shares of stock which were not disclosed.
The law requires to “report any purchase, sale or exchange by you, your spouse, or dependent children…of any property, stocks, bonds, commodity futures and other securities when the amount of the transaction exceeded $1,000.” (written in The Schedule section B of the federal government form). However, Podesta failed to report these shares and broke the law, which should be severely punished. He shouldn’t get a pass just because of his position!
“Well Podesta should certainly have been more upfront in filling this out. Clearly, it should have been fully disclosed,” said Craig Holman, a lobbyist for the Public Citizen liberal group. “That’s the point of the personal financial disclosure forms, especially for anyone entering the White House,” he recently said. Former U.S. Attorney General Joseph DiGenova also voiced his opinion: “If the transfer of stock took place, it had to be disclosed. If he didn’t, clearly it’s a violation.”
What do you think about the case? If you ask us, Podesta should be charged. Voice your opinion in the comments section below!