Posted on 10/05/2009 3:40:49 PM PDT by Jet Jaguar
An internal review by the board of directors of the community organization ACORN determined that the amount allegedly embezzled from the community organization was $5 million, well more than the previously reported amount of nearly $1 million, according to a new subpoena in an investigation by Louisiana Attorney General Caldwell.
The subpoena, released this afternoon, says, "It is still unclear if some of the monies embezzled are from state, federal or private funds." ACORN Chief Executive Officer Lewis said the new accusation about the embezzlement is "completely false." She said she would comment further after she and ACORN attorneys have a chance to review the subpoena.
Caldwell issued subpoenas in August seeking documents related to Acorn International then-President Wade Rathke and his brother Dale Rathke, who kept the group's books. Those subpoenas were focused on possible Acorn violations of state employee tax law, obstructing justice and violating the Employee Retirement Security Act.
The AG had made inquiries in June into alleged embezzlement within ACORN that happened 10 years ago. The group last year dealt with an internal dispute and a lawsuit involving accusations that Dale Rathke made nearly $1 million in improper credit card charges in 1999 and 2000. The brother and a donor repaid the money.
But Caldwell said last month that the statute of limitations presented obstacles to prosecutors taking action on the alleged embezzlement, and that his investigation was not focused on that issue.
SNIP
"Current high ranking members of ACORN have publicly acknowledged that embezzlement did in fact occur, but the exact amount of the embezzlement was unknown until it was recently acknowledged in a board of directors meeting on Oct. 17, 2008, by Bertha Lewis and Liz Wolf that an internal review had determined that the amount embezzled was $5 million," the new subpoena says.
(Excerpt) Read more at nola.com ...
ACORN is only the tip of the BO iceberg.
Thanks for the ping.
Heads up Rosie.
I believe his name was Drummond
OMG!!! Acorn Lies???????????
I believe it is understood that the Rathke family paid the first $200,000+ and then Pike covered the balance of the $1,000,000. Sort of chump change for these guys.
Wheres the IRS? If someone gives you that much money wouldn’t you have to pay taxes on it?
Thanks, Beck.
Not Too bad for Non-Nobel rodeo Clown!
I went to AmeriCorps. http://www.americorpsalums.org/ At bottom left, I found this —> 1- Alums Career Center.
2- Professional Development Series
3- Jobs For Change (a Change.org initiative) THE LAST LINK TOOK ME TO
(Change.org) A job listing on the right side of page lists National Media Coordinator wanted
for..............CODEPINK.
Cause: Peace in the Middle East
http://jobs.change.org/view/OUTDgliZOX
Maybe his Sugardaddy was Soros?
Drummond Pike, the founder of the Tides Foundation
Who is Pike’s banker or money supply?
Notice the question mark.
You are correct.
Two months ago you could search Bertha Lewis salary on any number of search engines......hundreds of hits saying 38k a year....try that same search today and see the results.
Thanks for the ping.
I wonder if the Ford Foundation knows ACORN embezzled $5 million dollars? And this is just the start...
So they hire Podesta to do their investigation of wrong-doing and they pick up stakes and move to DC... what a shock (not). Why do you think they are moving to DC??? because then no one will investigate them.
blah d blah d blah no comment. Either she rolls or do time with the brothers.
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