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Consumers Rights League
Consumers Rights League Statement on ACORN's Million Dollar Scandal
July 27th, 2008
James Terry, the Chief Public Advocate for the Consumers Rights League, issued the following statement in response to the New York Times article ("Funds Misappropriated at 2 Nonprofit Groups") detailing how members of ACORN's leadership team covered up an internal embezzlement scandal for nearly eight years. The scandal -- which involved nearly $1 million in stolen funds by the brother of the organization's founder, Wade Rathke -- was never disclosed to law enforcement authorities or to ACORN's Board of Directors. Also today, the Consumers Rights League released a Backgrounder Document which provides a synopsis of ACORN's...
Source: Pharma Investments, Ventures & Law Weekly (2008-07-27)
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