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So, there are two NYC tax-exempt "FOUNDATIONS" that are the subject of questionable expenditures, lack of oversight, not producing required reports.....and missing money, maybe $800,000 to a million dollars.

(1) Kerik's tax-exempt New York City Correction Foundation, where he served as President, was looted by the treasurer (who went to jail for using tax-exempt money for phone sex).

(2) a questionable law enforcement support group, the Federal Law Enforcement Foundation, headed by a Milstein Properties bigwig, provided top floor Battery Park City apartments for Kerik and his chief of staff. Maybe married Rudy was also using the hideaway to pork his mistress?

The IRS has targeted tax-exempt foundations as major money launderies. Phantom employees on the payroll, fraudulent accounting entries for "bogus consultants, legal fees, admin and phony bldg expenses," are much-used ways crooked operators siphon off tax-exempt monies for their own use.

There's a million ways Kerik could have helped Rudy use tax-exempt monies to upkeep his mistress.

Suspected tax fraud should be reported here: PHONE THE IRS TOLL FREE 1-800-829-0433 You may remain anonymous if you wish.

1 posted on 11/30/2007 10:16:15 AM PST by Liz
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To: Liz

Dirty NY politics. Who would have thought.....


2 posted on 11/30/2007 10:21:25 AM PST by AuntB (" It takes more than walking across the border to be an American." Duncan Hunter)
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To: Liz
...using $3,000 in Police Foundation funds to manufacture 30 busts of Kerik... to be handed out as mementos.

ROFL! Is Beezy just a tad bit narcissistic, or what?

I wonder if they sell these "mementos" on ebay.

3 posted on 11/30/2007 11:03:36 AM PST by calcowgirl ("Liberalism is just Communism sold by the drink." P. J. O'Rourke)
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