City Financial Manager, who hired this kid?

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Chicago, IL

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#23
Sep 15, 2013
 

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Gone With the Wind wrote:
<quoted text>
Blue Island Got Exactly What They Called For:
"Welcome to Clown Town"
Carpet Baggers
http://www.blueisland.org/wp-content/uploads/...
Very Costly.
enough already

Chicago, IL

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#24
Sep 15, 2013
 

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Learn More wrote:
<quoted text>
Very Costly.
Even more boring.
BOB

Alsip, IL

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#25
Sep 15, 2013
 
Learn More wrote:
<quoted text>
Very Costly.
Why do some get 12 sick days. Including anastasia. Some have nothing for health ins.?
Very Interesting

Chicago, IL

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#26
Sep 15, 2013
 

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enough already wrote:
<quoted text>Even more boring.
http://www.followthemoney.org/database/StateG...
division

Oak Park, IL

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#27
Sep 16, 2013
 
Learn More wrote:
<quoted text>
Very Costly.
Anastasia's salary is borderline ridiculous. People should not only be paid what they are WORTH but also, what the city can afford. Open up these damn bridges!
The truth

Midlothian, IL

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#28
Sep 16, 2013
 

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division wrote:
<quoted text>
Anastasia's salary is borderline ridiculous. People should not only be paid what they are WORTH but also, what the city can afford. Open up these damn bridges!
He took a huge cut in pay. I guess Vargas had too many favors to pay back and needed the money. Why pick on someone who's qualified when there are many more incompetents on the payroll with much less education and experience. It must all be part of "the plan!" Duped again BI!
Considerable Differences

Chicago, IL

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#29
Sep 17, 2013
 
The truth wrote:
<quoted text>
He took a huge cut in pay. I guess Vargas had too many favors to pay back and needed the money. Why pick on someone who's qualified when there are many more incompetents on the payroll with much less education and experience. It must all be part of "the plan!" Duped again BI!
http://www.blueisland.org/wp-content/uploads/...

http://www.blueisland.org/wp-content/uploads/...
Its called a Shell Game

Blue Island, IL

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#30
Sep 17, 2013
 
division wrote:
<quoted text>
Anastasia's salary is borderline ridiculous. People should not only be paid what they are WORTH but also, what the city can afford. Open up these damn bridges!
Alderman Nancy Rita, Tom Hawley have let Blue Island Residents down BIG. It started with the appropriation ordinance, and has never stopped. Every where you look, every department, waste, and corruption. Don't blame Domingo Vargas he has no control. He Relinquished all power he might have had, before he became elected Mayor.
On the payroll

Midlothian, IL

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#32
Sep 17, 2013
 

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Its called a Shell Game wrote:
<quoted text>
Alderman Nancy Rita, Tom Hawley have let Blue Island Residents down BIG. It started with the appropriation ordinance, and has never stopped. Every where you look, every department, waste, and corruption. Don't blame Domingo Vargas he has no control. He Relinquished all power he might have had, before he became elected Mayor.
Domingo Vargas allowed this to happen. He is front and center in the blame game! Politics really sucks for him!
Ned

Chicago, IL

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#33
Sep 17, 2013
 
I saw something nasty in the woodshed.
den

Chicago, IL

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#34
Sep 17, 2013
 
Ned wrote:
I saw something nasty in the woodshed.
a mirror!!! Ha ha
Shell Game Continues

Chicago, IL

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#35
Sep 18, 2013
 
Its called a Shell Game wrote:
<quoted text>
Alderman Nancy Rita, Tom Hawley have let Blue Island Residents down BIG. It started with the appropriation ordinance, and has never stopped. Every where you look, every department, waste, and corruption. Don't blame Domingo Vargas he has no control. He Relinquished all power he might have had, before he became elected Mayor.
And now, Mr. Anastia will spend $38,000.00 for a new updated financial program, recommended by the Auditors Seldon Fox and Associates. This proves just how Discombobulated the Financial management of Blue Island has been, and continues "wrecklessly" today. The change promised by the Progressive-Blue Island Independent Party has not materialized. Mr. Vargas, an Attorney should know better!
Annual Reports

Chicago, IL

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#36
Sep 18, 2013
 
Shell Game Continues wrote:
<quoted text>
And now, Mr. Anastia will spend $38,000.00 for a new updated financial program, recommended by the Auditors Seldon Fox and Associates. This proves just how Discombobulated the Financial management of Blue Island has been, and continues "wrecklessly" today. The change promised by the Progressive-Blue Island Independent Party has not materialized. Mr. Vargas, an Attorney should know better!
Sheldon Fox and Associatheater the auditing firm who has signed off on Blue Island's Annual Reports for how many years?
The truth

Midlothian, IL

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#37
Sep 18, 2013
 

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Shell Game Continues wrote:
<quoted text>
And now, Mr. Anastia will spend $38,000.00 for a new updated financial program, recommended by the Auditors Seldon Fox and Associates. This proves just how Discombobulated the Financial management of Blue Island has been, and continues "wrecklessly" today. The change promised by the Progressive-Blue Island Independent Party has not materialized. Mr. Vargas, an Attorney should know better!
Any decisions being made are controlled by Heuser, Vargas, Hawley and Rita! Kickbacks for sure. They are just using Matt and will pin any bad decisions on him. Just wait and see! But, the truth will come soon enough. They will be exposed for what they are... Liars!
Annual Financial Reports

Chicago, IL

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#38
Sep 18, 2013
 
Why hasn't the Annual Financial Report 4/30/13 been included?
Is there a particular reason for the delay?

Blue Island Annual Financial Reports

Annual Financial Report 04/30/2012

Annual Financial Report 04/30/2011

Annual Financial Report 04/30/2010

Annual Financial Report 04/30/2009

Annual Financial Report 04/30/2008
Carmen

Alsip, IL

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#39
Sep 18, 2013
 

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Annual Financial Reports wrote:
Why hasn't the Annual Financial Report 4/30/13 been included?
Is there a particular reason for the delay?
Blue Island Annual Financial Reports
Annual Financial Report 04/30/2012
Annual Financial Report 04/30/2011
Annual Financial Report 04/30/2010
Annual Financial Report 04/30/2009
Annual Financial Report 04/30/2008
Has not been scrubbed,yet.
Seldon Fox

Blue Island, IL

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#40
Sep 27, 2013
 
Dixon attorneys blame phony invoices, lax auditors for $54M fraud
City offers details on scheme after settling lawsuit against bank, accountants
A chandelier made of guns and spurs adorns Rita Crundwell's personal home in Dixon. Her possessions are being auctioned and her home will be sold in a forfeiture sale.
By Melissa Jenco, Chicago Tribune reporter
September 27, 2013
Dixon's longtime city treasurer hid massive thefts by creating dozens of fictitious invoices for made-up capital projects, but auditors never took any of the standard steps to try to verify the work and didn't raise questions about problems with the paperwork, Dixon attorneys said Thursday.
Treasurer Rita Crundwell was able to steal nearly $54 million in city funds over more than two decades after a local bank allowed her to open a secret account in the city's name without proper documentation, the attorneys alleged.
The details came out at a downtown Chicago news conference a day after the city announced it has settled its lawsuit against the auditors and bank for $40 million. Attorney Devon Bruce, who represented Dixon in the lawsuit, shed more light on how Crundwell's schemes went on for 22 years without detecting.
Crundwell, 60, who used the money to fund a lavish lifestyle and a horse-breeding operation, is serving a sentence of nearly 20 years in prison after pleading guilty to a single count of wire fraud and admitting to money laundering. She is appealing the sentence.
Bruce placed much of the blame for Crundwell's fraud going unnoticed for so long on the accounting firm of CliftonLarsonAllen, which had been doing financial work for Dixon since 1988. Bruce called the national firm's actions "grossly negligent."
"When you put these (invoices) in comparison to one another the discrepancies are obvious and should have been obvious for over 20 years to Clifton," he told reporters.
To justify the payment of city funds to the secret bank account, Crundwell created almost 180 invoices over two decades to make it appear the state was billing the city for work it had done in Dixon, Bruce said. The auditors, though, failed to notice that Crundwell's phony invoices contained misspellings and were not on state letterhead, he said. He also said the auditors didn't follow standard practices and try to verify the projects by calling the state, checking with a city engineer or personally examining the projects.
For at least two decades, the same auditors reviewing Dixon's finances were also preparing Crundwell's personal tax returns, but they failed to be alarmed by the hundreds of thousands of dollars she claimed in income a year on her returns even though she had no documentation, according to Bruce.
Under questioning as part of the lawsuit, the auditors acknowledged they assumed Crundwell made the money from her horse business. Her treasurer's post paid about $80,000 a year at the time of her April 2012 arrest.
CliftonLarsonAllen has agreed to pay the bulk of the settlement $35.15 million. Ellen Trytek, chief marketing officer for the firm, declined to comment Thursday on specific actions the firm did or did not take, but the firm conceded it shared in the "responsibility for the fact that the fraud was not detected."
"The auditors, accountants, bankers and Ms. Crundwell's supervisors the mayor and the City Council members all need to look carefully to determine what they could have done to detect this," Trytek said in an email.
The Sterling, Ill., accounting firm of Janis Card Associates and owner Samuel Card will pay $1 million of the settlement.
Tom Falkenberg, attorney for the firm and its owner, said Thursday that they denied any wrongdoing.
"All parties agree that it was in the best interest of the parties, as well as the citizens of Dixon, to bring this matter to an end," he said.
Seldon Fox

Blue Island, IL

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#41
Sep 27, 2013
 
Bruce also faulted Fifth Third Bank for violating banking standards by allowing Crundwell to open a city account in 1990 without proper documentation, even if employees knew she worked for the city.

The bank also accepted checks from the city's Capital Development Fund account simply made out to "Treasurer," he said.

"That could be treasurer of the petunia festival in the city of Dixon, that could be the treasurer of the Lions Club in the city of Dixon," Bruce said. "That check made simply payable to 'Treasurer' should never be allowed to be negotiated."

In addition, the bank should have been monitoring the account and investigating charges to a city account for jewelry, spas and trips, Bruce said. When preparing a list of accounts for the annual audit, he said it is also the bank's responsibility to disclose all accounts. But Crundwell's secret account was not included on the reports until 2010. Even then, auditors did not question its appearance.

"It's absolutely a red flag in the accounting industry, and they should have investigated that and they did not," Bruce said.

Fifth Third Bank, which will pay $3.85 million of the settlement, noted on Wednesday that it agreed to the terms "without any admission of liability."
Accountability

Chicago, IL

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#42
Sep 27, 2013
 
Accountants, accounting firms, bankers, can be held responsible for settlements most particularly when there is shared "responsibility for the fact that fraud is not detected."
Auditors, accountants, and bankers need to look carefully to determine what they can do to detect fraud where ever it exists.
Where is the Grant Money

Chicago, IL

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#43
Sep 27, 2013
 

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Find Blue Islans's Grant Money and where the money actually went!

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