Monday, October 5, 2009

ACORN Embezzlement Bigger Than Originally Reported

Via Memeorandum:

Big Government is reporting that the ACORN embezzlement is a wee bigger than ACORN had originally reported. According to the Louisiana Attorney General, Ratke actually embezzled five million dollars, not the nearly 1 million we were led to believe:

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 Buddy Caldwell.

The subpoena, released this afternoon, says, “It is still unclear if some of the monies embezzled are from state, federal or private funds.”

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.

Whole blockbuster story here.

Update: According to the new subpoena issued by the Louisiana Attorney
General, it seems ACORN leadership was aware of the full extent of
the embezzlement. That they have covered up the true figure cast doubt on
their ability to truely reform the organization. In other words, they will
only admit to what they get caught at.

So, shouldn't both the Rathke brothers be sitting in jail? And if Bertha Lewis covered up a crime that doesn't leave her sitting to pretty either. ACORN has gotten away with far too much for far too long because they bought the goodwill and blind eye of politicians. The American people deserve to know who those politicians are.

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