3 chapters across the catalog
Laureate Education is described as a "Ponzi scheme" involving a global chain of for-profit universities that utilized subprime financing for students. Bill Clinton reportedly earned $17.6 million as Honorary Chancellor of the organization between 2010 and 2015. Despite massive cash flow losses and material weaknesses in financial controls, the International Finance Corporation and the World Bank invested $150 million in the company.
The law firm DLA Piper represented Laureate Education while simultaneously being tasked with independently clearing the Clinton Foundation's tax filings in 2015. Former Obama Justice Department official Kathy Keneally joined the firm during this period. Critics argue this represents a conflict of interest, as the firm had deep ties to both the Clintons and their associated business ventures.
Charles Ortel, Laureate Education Scams
Financial analyst Charles Ortel is investigating Laureate Education, a for-profit university system that paid Bill Clinton $17.6 million as an honorary chancellor. Ortel alleges significant financial irregularities and "wire fraud" involving Clinton-linked entities in Florida. The hosts compare the lack of media coverage for Laureate to the intense scrutiny of Trump University.
