Gemcoin was supposed to be the next “breakthrough in finance.”
The council approved a $500,000 home loan for police Chief Michael Meehan back in November 2009.
Sadly, it has little to do with actual bees.
The auditor’s report revealed more than 40 relatives working in the department.
The situation is not very different from the 2010 scandal in the City of Bell.
The City of Fremont has taken home its 31st consecutive award for excellence in financial reporting issued by the Government Finance Officers Association of the United States and Canada (GFOA).
The pandemic hasn’t chilled California’s hot housing market. In fact, home prices are rising even faster than they were before.
A former City of Industry councilman who was recalled last year is now suing the city, claiming it used public funds for lavish renovations of subsidized housing for city officials.
With more access to information than ever before, it is now even more difficult for people and even policymakers to separate facts from misinformation.
