Wade Rathke, founder of ACORN....brother embezzles almost $1M from ACORN and Wade doesn't tell most of the board members or law enforcement....
en.wikipedia.org
Departure from ACORN
The New York Times reported on July 9, 2008, that Dale Rathke, the brother of ACORN's founder Wade Rathke, was found to have embezzled $948,607.50 from the group and affiliated charitable organizations back in 1999 and 2000.[1] ACORN executives decided to handle it as an internal matter, and did not inform most of the board members or law enforcement, and instead signed an enforceable restitution agreement with the Rathke family to repay the amount of the embezzlement. Wade Rathke told the Times, "the decision to keep the matter secret was not made to protect his brother but because word of the embezzlement would have put a 'weapon' into the hands of enemies of Acorn, a liberal group that is a frequent target of conservatives who object to ACORN's often strident advocacy on behalf of low- and moderate-income families and workers." A whistleblower revealed the embezzlement in 2008. On June 2, 2008, Dale Rathke was dismissed, and Wade stepped down as ACORN's chief organizer, but he remains chief organizer for Acorn International L.L.C.[1] |
