$200 million unaccounted for in East Point [Georgia]

WSAV 3 ^ | Jul 02, 2013 8:13 PM EDT

[Pan_Yan]

East Point is a southside area of Atlanta. It is inside the I-285 perimeter and was once a nice suburb. The 2010 census puts the population at about 33,000 meaning they lost over $6,000 for every man, woman and child in the city.

Not a whole lot of private businesses could last very long while completely losing track of 40% of their expenditures.

[Pan_Yan]

Of interest.

[liberalh8ter]

As of the 2010 census, 78.16% African-American. The pattern continues.....and it's a shame.

[saganite]

Why, shucks. Obama could have a good time in Africa with that!

[jsanders2001]

Look for the local politicians that drive brand new Cadillac Escalades every year and party non-stop. Shouldn’t take that long...

[FreedomPoster]

Anyone have a line on some missing government records?

GA ping.

[knarf]

two HUNDRED million ?

over twelve YEARS?

a little more'n sixteen and a half a year.

one point three seven a month

three quarters of a mil a week

fifty thou a day.

Where can I get a job like that ?

[liberalh8ter]

While their constituents are scraping along...barely. This government loves additional punishment laws like ‘hate crimes’, ‘we the people’ should be demanding extra punishment for public officials who betray they people’s trust.

[Mr. Jeeves]

Misguided payment of protection money. They can keep stealing it every day, for decades. When it is taken away (and with a proper law enforcement response), they can only riot once.

[DaveA37]

Nothing to see there, move along people. The gubmint will handle this......

Are we at all surprised this happened, it is happening in MANY of the cities with a certain group of people.........

[HANG THE EXPENSE]

I grew up in the the next little town way back in the day.East point has gone to the dogs as has most of the southside of Atlanta.The cemeteries in that area are in disrepair.I remember when they were kept up nice. No more.

[CreviceTool]

The accounting team likely moved on to the bigger opportunity in Detroit.

[bigbob]

Makes our Illinois horse woman look like a piker

[kiryandil]

Maybe it rolled under the soda machine. Did they check there?

[Dr. Sivana]

Makes our Illinois horse woman look like a piker

Rita Crundwell ran a one-girl operation. We don't know how many were involved in this one. How many horses does one need, anyhow?

[dblshot]

My grand parents moved to East Point in the late 50’s and had a little bungalow in the flight path for Hartsfield Airport. Not much of a city really then. All cities seem to be managed (if that’s the right word) strictly for the benefit of the political party in charge. You can bet that a lot of that 200 million was given out in “walking around money” to keep people quiet about the big bucks going into the chieftains pockets.

[Hotlanta Mike]

East Point, huh? Couldn’t have been a creepy ass cracker...

[taildragger]

The accounting team likely moved on to the bigger opportunity in Detroit.

No, Detroit has already started. Emergency Financial Manager Kevin Orr, has a forensic accounting team and I think the Attorney General is envolved in 60 day ( it has started about 3 weeks ago I believe ) of the Pensions in Detroit. And that is just the latest. The sorted history of malfeasance they have found post Kawame is mind-boggling. The one that got me was a building full of assets for the school system approaching or over 7 digits including 250cc motorcycles for crossing guards, bought but never used...

[blueunicorn6]

It is dangerous to rob banks. And you really can’t steal too much from a bank. The real thieves go into government. That’s where the big money is.

[Vigilantcitizen]

Jesus man..I’m no financial expert....but I’d start looking in the Caymans and Switzerland.