Thursday, August 11, 2005

I thought MY council had financial problems but this is dreadful...

The 11,000 residents of Galion, Ohio, seem to be particularly nice people.
But they now have a big problem, after their finance director embezzled at least $87,000 and through mismanagement left the town about $11 million in debt. Civic savings are having to be made by such means of selling police cars, and local utility charges have had to be increased.
The wretched man himself, 51, tried to commit suicide by shooting himself in the head, has survived, but blind, and is now facing a possible 50 year prison term. The explanation he has given for this is credit card problems and gambling debts.

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