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Tall Ships Ripped Off Big Time
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#2
posted to alt.sailing.tall-ships,uk.rec.sailing,alt.sailing.asa,alt.sailing
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Tall Ships Ripped Off Big Time
that *******! he should swing from the highest yardarm.
SBV "CJB" wrote in message ups.com... No wonder tall ships are short of money. CJB. clive beasley wrote: Date: Tue, 05 Jun 2007 08:17:49 -0400 From: clive beasley OHHHHH MAN, we had booked the Wendler express, see below another potential rogues hall of famer: John S. Carter, of Osterville, defrauded the Independence Seaport Museum in Philadelphia of $1.5 million.AP By PATRICK WALTERS THE ASSOCIATED PRESS June 05, 2007 PHILADELPHIA - The former director of the Independence Seaport Museum pleaded guilty yesterday to charges that he defrauded the institution out of $1.5 million and used the money to fund a lavish lifestyle. John S. Carter, 57, of Osterville submitted false invoices to get the maritime museum to pay for home improvements, artwork, jewelry, electronics and even a root canal, among other personal expenditures, federal authorities said. Ill-gotten gains John S. Carter allegedly spent museum funds on: * A carriage house and other improvements to his Cape Cod property * A wooden eagle * A 19th-century narwhal tusk * Artwork * Jewelry * Electronics * A root canal He pleaded guilty before U.S. District Judge R. Barclay Surrick to two counts of mail fraud and one count of tax evasion. Museum officials remain confounded over what led Carter to use the institution as his personal piggy bank, although some wondered if he simply spent too much time with people who had lots of money and owned beautiful yachts. "Obviously, his appetite was greater than his means," said Peter McCausland, chairman of the museum's board. "During the last few years, he was more irritable than he was earlier." Carter served as museum president for 17 years before being fired last year. The museum, located along the Delaware River waterfront, owns the Spanish-American War cruiser USS Olympia and the World War II-era submarine USS Becuna. In a lawsuit filed against Carter in Massachusetts in January, museum officials accused him of defrauding the institution of $2.4 million. Museum officials say the misuse of funds dated back to 1997. Prosecutors said Carter spent more than $335,000 in museum funds to build a carriage house next to his Cape Cod home and make other property improvements. He also used about $50,000 in museum funds to buy a wooden eagle that once decorated an old riverboat and a 19th- century narwhal tusk, authorities said. Carter's attorney called his client a "decent and honorable citizen" and said he did not understand what led him to break the law. "He wants to get this episode behind him," lawyer Mark Cedrone said. "Why he engaged in this conduct is a little befuddling." Assistant U.S. Attorney John Pease said prosecutors will argue at Carter's sentencing Sept. 4 that he should face between seven and nine years in prison. Pease noted Carter tried to get another $1.1 million when he forged the signatures of two museum board members to get a life insurance policy. "Even though he never got the (insurance) money, it was still a crime," Pease said. "We're going to be fighting hard over that." Cedrone said his client did forge the names, but that he was trying to get something he actually could have gotten legally. As part of the plea agreement, Carter also was ordered to pay restitution. Meanwhile, the museum is trying to get back on course by bringing back donors and attempting to increase its endowment. McCausland said he hopes to hire a new president by the end of the summer. "We're taking steps to right the ship, if you will," he said. |
#3
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Tall Ships Ripped Off Big Time
"Scotty" skrev i en meddelelse . .. that *******! he should swing from the highest yardarm. SBV So you advocate preferential treatment even in death? ;-) |
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