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RE: LeoThread 2025-11-11 01-10

in LeoFinance9 days ago

Part 4/11:

  • Supporting documents were altered or forged, potentially meeting the definition of fraud.

  • Several grantees deviated significantly from budgets without proper approval.

  • Multiple organizations received payments without submitting detailed expense reports.

Nearly half of all organizations receiving funds in 2024 were flagged as high risk, yet the county's monitoring system remained lax. This lack of accountability raises concerns that millions—possibly hundreds of millions—are unaccounted for or diverted into improper channels.

Potential Fraud and Criminal Risks

The audit did not shy away from highlighting the possibility of fraudulent activities. Investigations uncovered:

  • Altered or forged invoices.

  • Documentation that appeared to be falsified.