Chamber bank card used for $270K in cash withdrawals over 30 months
| By Josh Newton, Tahlequah Daily Press, Okla. | |
| McClatchy-Tribune Information Services |
Since
The card was used at casinos around 110 times in 2012, 150 times in 2013, and 70 times in the first six months of 2014. Withdrawals at gaming facilities rarely occurred in amounts smaller than
Records for some days show a combination of withdrawals and purchases. For instance, on
That pattern continued through mid-June of this year, when the embezzlement allegations were made public. Multiple uses of the card were noted on several days. For example, on
Bank statements also show chamber funds were often used at the
In June, the Oklahoma State Bureau of
The state's
While several of the members who sit on the chamber's board of directors have said they were "duped" by a former chamber employee they trusted, they have otherwise chosen not to publicly explain how funds were frittered away so quickly without their knowledge.
Board members often cite the ongoing investigation and say they fear speaking on the record. They have allowed the
Board President
Also on Friday, Chamber Board Treasurer
Young has previously said only one person -- former chamber Executive Director
He has also suggested board members weren't aware the check card existed. However, a source speaking on background said "other people" may have known of the card's existence. The source did not say whether the "people" are board members.
Statements show the chamber's account had a negative balance several times over the past 30 months.
Bank records also suggest chamber money was used to pay for the Daily Racing Form, a publication that highlights race horses, and Winning Ponies, which provides horse-racing tips and handicapping picks; to pay large restaurant tickets and bar tabs throughout
Board members have indicated they believe some expenses listed among the statements were likely legitimate, including some costs associated with trips and events for Leadership Tahlequah classes.
___
(c)2014 the Tahlequah Daily Press (Tahlequah, Okla.)
Visit the Tahlequah Daily Press (Tahlequah, Okla.) at www.tahlequahdailypress.com
Distributed by MCT Information Services
| Wordcount: | 717 |



BRIEF: Retired judge’s insurance company not on hook for losses in land deal
New York Motor Vehicle Accident Lawyer Adnan Munawar Comments Deadly Staten Island Car Crash
Advisor News
- Global economy ‘resilient’ in the wake of massive disruption
- Cryptocurrency legislation takes one step forward with bipartisan support
- IRS CEO FRANK J. BISIGNANO VISITS OHIO TO TOUT WORKING FAMILIES TAX CUTS PROVISIONS ON NO TAX ON CAR LOAN INTEREST, NO TAX ON OVERTIME, ENHANCED DEDUCTION FOR SENIOR CITIZENS
- The hidden flaw in insurance AI adoption for advisors and carriers
- Rising healthcare costs impact 401(k) accounts
More Advisor NewsAnnuity News
- MetLife Expands Guaranteed Retirement Income Offering with Innovative Flexible Annuity Option
- How annuities can help protect retirees from financial scams
- MetLife Inc. (NYSE: MET) Climbs to New 52-Week High
- The Standard and Pacific Guardian Life Announce Entry into Agreement to Transition Individual Annuities Business
- AuguStar Retirement launches StarStream Variable Annuity
More Annuity NewsHealth/Employee Benefits News
- UPDATED: Hecklers disrupt Hinson rally as Iowa U.S. Senate candidate touts stock trading ban
- Hecklers disrupt Hinson rally ahead of Tuesday primary
- In Case You Missed It: Hecklers disrupt Hinson rally
- National Association for Veterans Rights Raises Questions About Federal Court Ruling Impacting Veteran Claims Assistance
- From Network Automation to Agentic NetOps: NetBrain Sets the Standard for Deploying AI in Network Operations
More Health/Employee Benefits NewsLife Insurance News
- AM Best Affirms Credit Ratings of Halyk-Life, JSC
- AM Best Affirms Credit Ratings of Symetra Financial Corporation and Its Subsidiaries
- AM Best Assigns Credit Ratings to Park Avenue Life Insurance Company
- Nationwide reaches reinsurance agreement with MassMutual on UL policy block
- Best’s Market Segment Report: AM Best Maintains Outlook on Philippines’ Non-Life Insurance Segment at Stable
More Life Insurance News