The city needs a way to recover lost money
I doubt we'll ever know the real story about Project Homestead, but at this point all I want is our money back.
As I wrote several years ago, the city should pursue the board of directors for the misappropriated dollars and should seek civil penalties, since criminal prosecution has been ruled out. The level of proof is lower in a civil case (reference O.J.'s second trial).
I hope that we, the taxpayers, can recover some of our money from the members of the board, or from the insurance company that held the policy that covered their malfeasance — intended or accidental.
If it can be proven that certain leaders of our great city were the recipients of threats by Michael King and thus gave in to his wishes, they should be required to come clean and at least pay the city back, though without penalty. If we allow the miscreants to get away with this, shame on us.
Bob Rives
Greensboro
Comments (5)
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Smells like a cover-up to me. I still have my doubts that Michael King's death was really a suicide.
Posted on April 3, 2006 10:42 AM
Yellowdog!
Michael King a victim of a conspiracy? Say it ain't so!
Posted on April 3, 2006 12:10 PM
I would like to see one better. Let all the employees that used the publics money illegally, be fired and a civil suit be brought against them to recover any and all funds they stole from the tax payers.
For some reason, it sound like they, the county commissioners, aren't that concern with the tax payers money. Some of them make it look like it their money, not the peoples.
Posted on April 3, 2006 1:56 PM
The Democrats on the City Council and the County Commission just haven't yet seen a request for the tax payers money that they don't like is all it is You Guys. We should all be grateful to these far seeing people who are spending the city and county into debt so deep that within a few years now people will have to sell their property in order to pay their property taxes!
And as for the Project Homestead case: you better believe a lot of NON-LOW-INCOME people on the inside track made out on that deal. Ex-Chief Wray was getting too close to the culprits for his own good with his investigations into the whole scam and that is why he is being crucified now. Hint: Take a good look at the Democrats and their cronies in city and county.
Posted on April 4, 2006 2:38 PM
I believe that King owned two large houses before his death...one in Brown Summit ($500k+???) and one on a lake ($1.5mil+???). Seizing those two properties would atleast get 2 out of the 17 million lost.
Posted on April 6, 2006 12:01 AM