Stage set for EIT v. bank trial

Stage set for EIT v. bank trial

There are 44 comments on the Lebanon Daily News story from Jan 14, 2011, titled Stage set for EIT v. bank trial. In it, Lebanon Daily News reports that:

Judge Bradford Charles has issued an order that sets the stage for a civil trial involving whether the former Bank of Lebanon County, now PNC Bank, was negligent in allowing the former executive director of the Lebanon County Earned Income Tax Bureau to open an account in which he had sole control and deposited almost $900,000. Charles' order, in ...

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just saying

Lancaster, PA

#1 Jan 14, 2011
If Brad Charles lives in an underpaid or overpaid district doensn't he have a vested interest in the outcome of this decision ?

I'm not a lawyer but this one has retrial written allover it.
Okay

Lebanon, PA

#2 Jan 14, 2011
That heavy wind we had for the past few days was all the air escaping the county as PNC Bank officials sphincters were slamming shut!

I hope the bank is found responsible and has to pay lots of money.

They assumed everything was legitimate? That assumption is going to cost them.
HAHA

Lebanon, PA

#3 Jan 14, 2011
Charles is joke and a very very poor judge.
WALLY

Lebanon, PA

#4 Jan 14, 2011
HAS ANYONE CONSULTED KIP KELLY FOR HIS OPINION? HE IS A REALLY SMART GUY.
Thomas Paine

Harrisburg, PA

#5 Jan 14, 2011
If George and Foltz closed out the account maybe some one should ask George what happened to the 811.
Mrs Cleaver

Brea, CA

#6 Jan 14, 2011
WALLY wrote:
HAS ANYONE CONSULTED KIP KELLY FOR HIS OPINION? HE IS A REALLY SMART GUY.
Now that's some funny sh*t right there.
Maybe we should Leave it to Beaver to ask Eddie Haskell, Uh I mean Kip?
One hundred Watts

Brea, CA

#7 Jan 14, 2011
Thomas Paine wrote:
If George and Foltz closed out the account maybe some one should ask George what happened to the 811.
Betcha Gary knows!
WALLY

Lebanon, PA

#8 Jan 15, 2011
Mrs Cleaver wrote:
<quoted text>
Now that's some funny sh*t right there.
Maybe we should Leave it to Beaver to ask Eddie Haskell, Uh I mean Kip?
KIP IS FROM CALIFORNIA AND KNOWS WHAT TIS BEST FOR NORTH CORNWALL TOWNSHIP.WE NEED TO ASK HIM FOR HIS HELP.
Thomas Paine

Lancaster, PA

#9 Jan 15, 2011
One hundred Watts wrote:
<quoted text>
Betcha Gary knows!
Betcha he does!. What ever happened to him? Its like he fell off the edge of the earth. Probably at home holding hands, I understand he finally made a honest woman out of her.
mike

Leola, PA

#10 Jan 15, 2011
don't worry... nothing will happen...there will be a payoff/shut up money...& dead people can't talk...should get very intersting?
Stan Alekna

Lebanon, PA

#11 Jan 15, 2011
This is just the tip of huge iceberg that will be melting for several years. As I said before, if the liability insurers all of those persons and organizations responsible for the various aspects
of the EIT fiasco were forced to pay up, there would be enough to square the books and move forward as friends and neighbors.

I feel that Brad Charles is one of the best judges in the County and this trial has nothing to do with the alleged overpaid/underpaid issue per se. It will however consider audits, oversight responsibility, financial matters and possible negligence which could be relevant to the overall mismanagement fiasco.
Do the Math

Lebanon, PA

#12 Jan 15, 2011
Hey Stan, we agree on this one!

I think the buck stops with Faren et al. It was their job to detect something like this. But the EIT board is responsible for hiring them and not reviewing their work more closely.

As for Christianson closing the account. That was done after the allegations against Foltz were revealed. Probably at the order of the EIT board.
WALLY

Lebanon, PA

#13 Jan 15, 2011
Thomas Paine wrote:
If George and Foltz closed out the account maybe some one should ask George what happened to the 811.
LEVEL WITH US ARE YOU KIP KELLY?
Stan Alekna

Lebanon, PA

#14 Jan 15, 2011
Do the Math wrote:
Hey Stan, we agree on this one!
I think the buck stops with Faren et al. It was their job to detect something like this. But the EIT board is responsible for hiring them and not reviewing their work more closely.
As for Christianson closing the account. That was done after the allegations against Foltz were revealed. Probably at the order of the EIT board.
Hey Math... Faren et al. were involved for only 2 years from what I can gather and did not complete the audits. The EIT was supposed to be audited EVERY year so where was the EIT Board the many other years that millions in public funds were being mishandled or stolen? There is plenty of blame to go around and I hope it all comes out but the EIT Board should be the focus since they had the ultimate fudiciary responsibility to protect the taxpayers monies.
Do the Math

Lebanon, PA

#15 Jan 15, 2011
Stan Alekna wrote:
<quoted text>
Hey Math... Faren et al. were involved for only 2 years from what I can gather and did not complete the audits. The EIT was supposed to be audited EVERY year so where was the EIT Board the many other years that millions in public funds were being mishandled or stolen? There is plenty of blame to go around and I hope it all comes out but the EIT Board should be the focus since they had the ultimate fudiciary responsibility to protect the taxpayers monies.
You may be right about Faren, but there must have been someone auditing the books when the account was opened in 2002. The mere fact that Faren couldn't finish the audit should have been a big red flag for the sleepy EIT Board.

According to the article, Charles feels there is a question of culpability regarding Faren et al. If another firm was involved I assume it would be mentioned in the order.

Charles wrote this week that a jury will have to focus on four primary issues:

# Whether the bank acted negligently in opening the account by failing to adhere to general standards governing the opening of bank accounts for organizations like the EIT Bureau.

# Whether Faren was negligent for failing to provide proper auditing services.

# Whether the EIT Bureau was negligent for failing to provide "more dynamic oversight" of Foltz.

# Whether or to what extent the EIT Bureau suffered damages as a result of the negligence of the bank and/or Faren.
Thomas Paine

Lancaster, PA

#16 Jan 15, 2011
WALLY wrote:
<quoted text>
LEVEL WITH US ARE YOU KIP KELLY?
Man, thats hitting below the belt.
agreed

Palmyra, PA

#17 Jan 15, 2011
I 100% agree. It seems everyone and their brother are being blamed for this mess when bottom line is that there was a Board of Directors that were not doing their job. They were no where to be found and did nothing to fix the problems of that Bureau and there were problems. There were personnel issues that needed fixed 10-15 years prior to this being revealed yet people were allowed to do as they pleased within this organization and no questions were asked. Talk about a waste of taxpayer's money. I want to know what we were paying salaries for? There were employees, there was a director, there was a board, yet only one person and his wife were ever put out there for persecution. If you ask me, the ones that no one has blamed should be considered because this seems like one big cover up after another and we the public were made to believe something was being done to resolve it by chasing people who have been proven to have nothing to do with it. Why is that? Seems to me someone wants to divert attention away from what really happened, like employees not doing their jobs, Foltz's theft and the board's neglect of their duties. I cannot wait to see where the truth will lead us. This could get interesting and maybe the powers that be of Lebanon COunty will no longer be powerful. Wouldn't that be a change of pace?
Stan Alekna wrote:
<quoted text>
Hey Math... Faren et al. were involved for only 2 years from what I can gather and did not complete the audits. The EIT was supposed to be audited EVERY year so where was the EIT Board the many other years that millions in public funds were being mishandled or stolen? There is plenty of blame to go around and I hope it all comes out but the EIT Board should be the focus since they had the ultimate fudiciary responsibility to protect the taxpayers monies.
agreed

Palmyra, PA

#18 Jan 15, 2011
Maybe the board was not looking at the audits because they already knew what they would say????? HMMMMMMMMMM Food for thought. They might have already known the books were a mess?????

Do the Math wrote:
<quoted text>
You may be right about Faren, but there must have been someone auditing the books when the account was opened in 2002. The mere fact that Faren couldn't finish the audit should have been a big red flag for the sleepy EIT Board.
According to the article, Charles feels there is a question of culpability regarding Faren et al. If another firm was involved I assume it would be mentioned in the order.
Charles wrote this week that a jury will have to focus on four primary issues:
# Whether the bank acted negligently in opening the account by failing to adhere to general standards governing the opening of bank accounts for organizations like the EIT Bureau.
# Whether Faren was negligent for failing to provide proper auditing services.
# Whether the EIT Bureau was negligent for failing to provide "more dynamic oversight" of Foltz.
# Whether or to what extent the EIT Bureau suffered damages as a result of the negligence of the bank and/or Faren.
OMG lets blame the banks

Lebanon, PA

#19 Jan 16, 2011
First why would you place blame on the "banks"? They are not the ones that should be asking questions as to who opens accounts and who gets to sign the on signature line. I place the blame on the Board of Director's, for not doing their job in the first place. The second person I place blame with his the Director himself, for his ability to steal tax payers money and use it for himself and his family, whom I believe knew what was going on! The third person I blame is the cheating loser George the attorney who should already be in jail for what he did to "unnamed" all those years ago. Last we need to place most of the blame on the so called "auditors" that were to audit the EIT Bureau and did not follow through with their job, and was paid for doing a job they did not do.. and for the overpaid/underpaid IT CAN NOT BE PROVED IN A COURT OF LAW I WILL NOT LET ANY SCHOOL/BOROUGH/TOWNSHIP TAKE MORE MONEY FROM THE TAX PAYERS, and that is what is going to happen!
No excuse for ignorance

Lebanon, PA

#20 Jan 17, 2011
To OMG:

Could you be any more ignorant? Wait...I really don't want to know.....:

1. The apostrophe is used to show ownership.

- Board of Directors, not "Director's"
- taxpayers' money, not "tax payers money"

2. Subject and verb should agree in number:

- "auditors that....was paid for doing a job they did not do" - "Auditors" is plural; therefore, the verb should be "were".

Please stay away from the moonshine when writing comments.

3. It is standard practice for a financial institution to have policies and associated procedures in place to verify that the person opening an account is truly that person. If the account is for a business or other entity, the financial institution must verify that the person opening the account has the authority to do so.

Your ignorance of these practices is excusable; many people have never had to open an account for a business. However, that same ignorance obviates your ability to speak intelligently to the culpability of the bank.

4. Save your personal, hateful comments regarding the attorney for when you are face-to-face with him and his representative. If you are a man, there is no excuse for such cowardly comments.

5. You obviously don't know the family of the deceased, and your beliefs that they "knew what was going on" consequently have no basis. As with point #4, it is easy to be a coward and a small person emotionally and intelligently when online anonymously.

Were you to show less ignorance in so many facets of your posting, some of your comments might have a bit of validity. Sadly, the preponderance of ignorance that you've demonstrated invalidates your credibility in all aspects.

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