iBankCoin
Joined Nov 11, 2007
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Fun With City Officials

“LOS ANGELES –  Five former elected officials of the small, blue-collar California city of Bell were convicted Wednesday of multiple counts of misappropriating public funds by paying themselves huge salaries while raising taxes on residents.

Former Mayor Oscar Hernandez and co-defendants Teresa Jacobo, George Mirabal, George Cole and Victor Belo were all convicted of multiple counts and acquitted of others.

Former Councilman Luis Artiga was cleared entirely.

The charges against the officials involved paying themselves inflated salaries of up to $100,000 a year in the city of 36,000 people, where one in four residents live below the poverty line.

An audit by the state controller’s office previously found the city had illegally raised property taxes, business license fees and other sources of revenue to pay the salaries. The office ordered the money repaid….”

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