On August 1, 2010 I posted a lead to a newspaper story about Lakewood/McHenry County using stimulus bonding power [$18mm] to aid a private developer in building a very large sports complex. See http://boonecountywatchdog.blogspot.com/2010/08/foreign-funding-and-key-to-165-acre.html It appears that the blog, First Electric Newspaper, out of Algonquin, Illinois has some very interesting comments regarding the developer. See http://www.firstelectricnewspaper.com/2010/08/unapproved-center-disgraced-cfo-linked.html.
That blog questions the credentials of the developer and points out the involvement of Terry Gaouette in the project. Mr. Gaouetter was the Chief Financial Officer and CEO of the Milwaukee Public Museum. He authorized the misuse of trust funds in a 2006 scandal at the museum. See http://www.jsonline.com/news/milwaukee/29189214.html Felony charges were pressed against Mr. Gaouette however he received only a small fine [$500] and the lost of his CPA license for two years.
1 comment:
The First Electric Newspaper is an online newspaper, not a blog. Blogs are about opinion. FEN isn't.
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