Results tagged “petervallonesr”

What was supposed to be a rainy day now seems more like a category 3 hurricane fund, as the story of the City Council's practice of distributing money to fake community groups unravels. It turns out that since 2001, $17.4 million has been allocated to the fake groups, with $4.7 million set aside in 2007 and 2008.

According to the NY Post, the City Council Speaker's office has, since 1988, had the tradition of granting money to "phantom" (as in fake) groups. A source explained it gave the speaker "a stash of cash with which to thank or pay off politically important allies or cooperative council members."