Kentucky city probes theft of $4M in federal funds ...Middle East

The Hill - News
Kentucky city probes theft of $4M in federal funds
source : The Hill ( Middle East ) () 29
Lexington, Ky., officials are probing the theft of roughly $4 million in federal rent assistance and transitional housing funds intended for a nonprofit fighting poverty in the area. The city said in a statement on Monday that it asked the local police department's financial crimes unit to investigate. “Police believe a person or persons outside the government directed an electronic funds transfer into a private account,” the city said in a statement. “The transfer was originally intended for Community Action Council.” Community Action Council, part of a national network of poverty organizations, has an annual operating budget of more than $40 million and assists 31,000 individua

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