Report shows small Grand Lake community missing more than $370,000
BERNICE — A forensic audit of the community of Bernice shows its assets of over $370,000 in 2016 plummeted to nothing in two years.
The Grand Lake community of 562 residents hired a Tulsa-based company, Workman Forensics, to review its cash accounts, credit card expenditures, traffic citation deposits and the decrease in the community’s net assets.
Leah Wietholter, Workman Forensics managing director, presented the five-member board of trustees a draft of a forensic audit on Monday during a regular town meeting. The draft showed the General Fund Investments in 2016 totaled $371,863.90 and in 2017 and 2018 the balance of the General Fund investments was zero.
Throughout the two-and-half hour meeting, Wietholter detailed unauthorized expenditures and a traffic citations account where the numbers don’t add up.
Read more: https://www.tulsaworld.com/news/state/report-shows-small-grand-lake-community-missing-more-than/article_f4ce4514-aaf9-5609-991a-6a755257ab39.html
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