Media outlets report that there are more than 1,300 open investigations of alleged FEMA fraud in the southern district alone. The U.S. Attorney’s office has said that the United States intends to investigate and prosecute aggressively. Currently, 92 people are under federal indictment for fraud related to Hurricane Katrina. About …
Commuter rail between Milwaukee, Racine, and Kenosha is being discussed again. According to the Milwaukee Journal Sentinel, it will cost $237 million to start. The plan proposes 14 round trips on weekdays and 7 on weekends and holidays. The fares would be around $10 one way, and buses and shuttles …
Today Milwaukee Public Schools Superintendent William Andrekopoulos ordered School of Humanities closed. This is a high school in the North Division complex with 163 students enrolled. The school closure has been prompted by recent violent incidents, including two fights requiring police intervention and an attack on a safety aide.
Georgia Thompson was found guilty of 2 federal felonies of misapplication of funds and participation in a scheme to defraud the state of the right to honest services. Thompson was a purchasing division supervisor who was part of a team of state employees who reviewed bids for a three-year state …
The four men involved in the [tag]tire slashing[/tag] of 25 vans rented by Republicans to help transport voters to the polls in November 2004 have all been sentenced to jail. Milwaukee Circuit Court Judge Michael Brennan said the vandalism was not just a harmless prank. Regarding their attempts at [tag]voter …
The Government Accountability Office (GAO) released a short report about the millions of dollars wasted in the government’s award of post-Katrina contracts. Included is at least $3 million spent for 4,000 beds that were never used. ($750 per bed!) The report also speaks to the non-competitive contracts awarded and how …
60 Minutes ran an interesting story tonight, focused on the alleged abuse of funds for rebuilding Iraq by a company named Custer Battles. The story indicated that the company was paid tens of millions of dollars to provide services it was not qualified to provide, and in fact did not …
An audit of the Milwaukee County Child Welfare system was completed by state auditors at the direction of the Joint Legislative Audit Committee. The audit found almost $700,000 of questionable and unallowable costs. The Child Welfare system had 153 full-time employees in June 2005, while outside contractors had about 500 …
WisOpinion.com By Robert Miranda Supervisor James G. White’s resolution calling for Milwaukee County to hire an independent firm to do a forensic audit of the Milwaukee Public Museum finances has been unanimously approved this week by the Milwaukee County Board.
Written by Tracy L. Coenen, CPA, CFF Fraud Magazine – January/February 2006 Hurricane Katrina altered lives forever. Thousands of displaced survivors have lost their jobs as businesses struggle to survive. However, other opportunistic firms shamelessly have taken advantage of the disaster by altering their financial statements. Here’s how auditors and …
