Two former executives at a government-funded youth organization whose finances were scrutinized after it diverted money to the liberal radio network Air America were charged Thursday with misappropriating $1.2 million of the non-profit's funds.If Fox News had stolen money from poor kids, their buildings would be burned to the ground by an enraged public, but when it's Al Franken stealing money from poor kids, it takes federal indictments just to make news.
New York City's Department of Investigation, which investigated the nonprofit for two years, said the men improperly took more than $290,000 from the organization for their personal use, on top of their already unusually large salaries. The money -- described in the non-profit's books as business expenses -- went to pay for home renovations and furnishings and new cars, among other things, according to a Department of Investigation report released Thursday.
City investigators said the pair also improperly transferred $875,000 to Air America, which was co-founded by one of Gloria Wise's executives. At the time, the Gloria Wise center ran a school and youth programs in the Bronx, and was affiliated with the Boys & Girls Clubs of America, but most of its money came from government grants and contracts.
06 October 2006
Grand Larceny, Obstruction, and Forgery.
And that's just the morning drive on AirAmerica!