Posted on 11/06/2009 7:24:37 PM PST by Shellybenoit
According to a July 9, 2008 article in the New York Times, Dale Rathke, the brother of ACORNs founder, Wade Rathke, embezzled nearly $1 million from Acorn and affiliated charitable organizations in 1999 and 2000. The Times reported Dale Rathke embezzled $948,607.50, carried as a loan on the books of Citizens Consulting Inc., which provides bookkeeping, accounting and other financial management services to Acorn and many of its affiliated entities. ACORN chose to treat the embezzlement of nearly $1 million eight years ago as an internal matter and did not even notify its board. According to an October 10, 2008 New York Times report, ACORN had failed to disclose the theft for eight years. Dale Rathke remained on ACORNs payroll until June 2008, when news broke of his wrongdoing.
Like all seeds this ACORN Grew... Back in October Louisiana Attorney General Buddy Caldwell charged that the embezzlement of one million dollars was actually FIVE Million Dollars. Today the AG executed a search warrant on ACORN's New Orleans offices and removed about 100 computers with the purpose of learning more about the Rathke embezzlement and the subsequent ACORN cover-up:
(Excerpt) Read more at yidwithlid.blogspot.com ...
Psst...check the freezers.
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