Friday, February 20, 2009

"Coatesville council unaware Walker tapped into Trust Fund"

"The revelation came after Walker reiterated a claim that he has not raided the Trust Fund to balance the budget as had the previous administration. Council President Marty Eggleston then pulled out a 14-page bank transaction report that showed Walker personally authorizing a $465,000 drawdown from the Trust Fund on Dec. 17. A few days later, on Dec. 22, a second withdrawal for $35,000 was made without the bank identifying the authorizing agent on than 'client".

"…Eggleston then provided a personal story of how he had found $80 in the pocket of a coat he had not worn for some time. 'I went and told everybody about it. And you, Mr. Walker, find $465,000 and you don't tell anyone."

LISTEN TO MARTY'S STORY HERE:
http://www.box.net/shared/1oh4xfuj4y
"He added: ...'The appearance of impropriety is impropriety. You have to be careful."
"The $500,000 drawdown from the Trust Fund meant selling a certificate of deposit before its maturity date, causing the city to pay a $10,000 penalty for early withdrawal".

QUOTED FROM:
The Chester County Reporter
by Allen Davis
Staff Writer
Posted: Thursday, 19 Feb. 2009 9 a.m.
http://chestercountyreporter.com/109walkertapsfunds.html

"The United States Attorney's Office
Eastern District of Pennsylvania

http://www.usdoj.gov/usao/pae/reportcrime.html#PublicCorruption

Public Corruption

FBI: "215" 418-4000
Richard Barrett, USAO: "215" 861-8582

Tax Fraud

IRS: "215" 861-1232
Richard Barrett, USAO: "215" 861-8582

Fraud on Government

FBI: "215" 418-4000
Catherine Votaw, USAO: "215" 861-8200"

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