LOS ANGELES: ‘ Second Audit Finds Non-Profit Trusts Overpaid Managers and Claim Expenses Without Proof ‘

#AceWorldNews – USA:May.06: The second of two audits released yesterday found that nonprofit trusts created by the Los Angeles Department of Water and Power overpaid top managers and let them use trust-issued credit cards to buy gas for their personal vehicles and travel without filing expense reports.

In five years, a handful of trust employees racked up more than $660,000 in purchases on their publicly financed credit cards for things such as high-end steak dinners and trips to Las Vegas, Hawaii and New Orleans, City Controller Ron Galperin said.