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Posted on 10/06/2009 4:07:32 AM PDT by Red in Blue PA
BATON ROUGE, La. -- An internal review by ACORN's board of directors found that $5 million was embezzled from the community organization, far more than the previously reported amount of $1 million, according to documents released Monday.
The new amount was reported in a subpoena from the investigation by Louisiana Attorney General Buddy Caldwell, The (New Orleans) Times-Picayune reported. It is unclear if the money was taken from state, federal or private funds, according to the subpoena.
ACORN Chief Executive Officer Bertha Lewis said the new embezzlement allegation is "completely false." She said she would comment further after she and ACORN attorneys have a chance to review the subpoena, which was released Monday.
(Excerpt) Read more at foxnews.com ...
I know it is unkind to ask impertinent questions, but does the IRS ever look into illicit funds stolen/embezzled by Democrats? I mean, it’s one thing for ACORN to have $1MM or $5MM just disappear on them — but if Wade Radtke (sp???) or his brother ran off with the dough (or had his debt settled by some clueless donor), isn’t there still a “tax event” that has escaped the IRS’s tender administration?
Isn’t the IRS interested in some of Charlie Rangel’s profiteering and failure to declare income? If you, or I, or President Bush were 10 years late on his honest tax-filings, don’t you think someone would be banging on the front door with a court order and a pair of handcuffs?
Who got our $5 Million and why are they not in jail?
Pray for America and Our Troops
The IRS resolutely goes after the little people. But it routinely obeys its politically elite masters—of either party. The IRS bureaucrat calls that courageous survival.
Silly......you try to apply the same standards to both dems and republicans.
Go Gators.
Okay, so what would they do with that money that’s worth covering up with the relatively “lower” crime of embezzlement?
What???? Acorn lies???
Are they missing the concept of money being 'fungible' here?
All the people involved in the cover up are guilty of a crime too. Send them all to jail. The false accounting reports sent out by the accountants mean they too go to jail. Bring down these nonprofit extortion groups like Enron - fake company fake morals...real jail.
Who’da thunk that obozo was tied to a corrupt org?
Pray for America and Our Troops
Pelican State ping
Paging Mikey Moore. Mr. Moore to the front door, please.
How about calling his next movie, “Digging for Acorns”?
FReep mail me if you want on/off the list.
I mean, it’s one thing for ACORN to have $1MM or $5MM just disappear on them — but if Wade Radtke (sp???) or his brother ran off with the dough (or had his debt settled by some clueless donor), isn’t there still a “tax event” that has escaped the IRS’s tender administration?”
Great way to make a pile of money, isn’t it?
Steal $5+ million from the organization your brother is affiliated with, and the brother reports that $1 million was taken, but ‘it was all paid back”....
They walk off together with $4 million.
Great scam.
IF the first incident of the reporting of the $1 million embezzlement has run the time of the statute of limitations, the ‘reveal” or “finding” of the higher amount starts the clock all over again on a statute of limitations for prosecution.
In other words— the thief can be prosecuted.
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