The IRE website will be unavailable while we complete routine maintenance on Friday, November 19 from 8-10 am CT.
IRE favicon

Former SEDC officials accused of embezzlement

Two San Diego redevelopment officials were arrested and accused of "embezzlement and misappropriation of public funds." The voiceofsandiego.org investigation that began in 2008 culminated this week when the Southeastern Economic Development Corp.'s former president and former finance director were accused of "five criminal felony counts" each. Voiceofsandiego.org reported that the SEDC started paying "hundreds of thousands of dollars" to its employees in the form of "secret bonuses." Employees were ordered not to discuss the extra payments and alleged violation of the policy was termination. The investigation tracks the secret scheme as it "built up and, eventually, collapsed."

141 Neff Annex   |   Missouri School of Journalism Columbia, MO 65211   |   573-882-2042   |   info@ire.org   |   Privacy Policy
crossmenu linkedin facebook pinterest youtube rss twitter instagram facebook-blank rss-blank linkedin-blank pinterest youtube twitter instagram