Saturday, March 30, 2013

Embezzlement at Penn South

Chelsea's Penn South Complex, embezzlement, dnainfo.com

There was no excuse for this to have happened.  We had a smaller embezzlement scandal at the Amalgamated Houses and that should have been a warning to other limited dividend co-ops to implement better accounting controls.  Penn South should get new auditors, clearly the ones they have failed them.

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