Last week we reported on the Imperial Theatre’s fundraising campaign and recalled the case of the missing 150 large from the historic theater’s coffers five years ago.
The story has pursued us since.
As of press time, we have new, compelling information that has come to us that we are in the process of vetting. One thing is clear, however. There was systematic financial fraud going on under the Imperial Theatre’s Board of Directors’ noses, and when it hit the fan, it appears the most important thing on the board members’ minds was saving face.
The crime itself was, and is, bad enough. But the stone wall built around the truth by the members was, and is, deplorable.
“No SPLOST dollars were involved!” was about the most that anyone involved would own up to. Looking back at how the affair was handled, it is a great case study in what not to do in a similar situation.
Fraudulent financial reports. Glaring top and bottom line inconsistencies. And some pretty conspicuous spending. Pretty dirty stuff.
Ahh, the holidays.
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