$5M ACORN Embezzlement

October 6, 2009 by EbonyPeace  
Filed under News

From FOXNews BATON ROUGE, La. -- An internal review by ACORN's board of directors found that $5 million was embezzled from the community organization, far more than the previously reported amount of $1 million, according to documents released Monday. The new amount was reported in a subpoena from the investigation by Louisiana Attorney General Buddy Caldwell, The (New Orleans) Times-Picayune reported. It is unclear if the money was taken from state, federal or private funds, according to the subpoena. ACORN Chief Executive Officer Bertha Lewis said the new embezzlement allegation is "completely false." She said she would comment further after she and ACORN attorneys have a chance to review the subpoena, which was released Monday. 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 targeted possible violations of state employee tax law, obstruction of justice and violations of the Employee Retirement Security Act.