Detroit Financial Advisory Board paychecks stolen, cashed - myfoxcarolinas.com

Detroit Financial Advisory Board paychecks stolen, cashed

Posted: Updated:
Coleman A. Young Municipal Center Coleman A. Young Municipal Center
  • Detroit BankruptcyMore>>

  • Schuette endorses Detroit art deal in bankruptcy

    Schuette endorses Detroit art deal in bankruptcy

    Tuesday, June 17 2014 1:47 PM EDT2014-06-17 17:47:06 GMT
    Michigan Attorney General Bill Schuette has given his blessing to a deal that transfers control of art to the Detroit Institute of Arts.
    Michigan Attorney General Bill Schuette has given his blessing to a deal that transfers control of art to the Detroit Institute of Arts.
  • Detroit files plan to fix debt, leave bankruptcy

    Detroit files plan to fix debt, leave bankruptcy

    Friday, February 21 2014 12:49 PM EST2014-02-21 17:49:57 GMT
    Detroit's emergency financial manager filed a plan Friday that would bring the city out of bankruptcy, providing a detailed look at what the Motor City would look like when it finally sheds its financial burdens.
    Detroit's emergency financial manager filed a plan Friday that would bring the city out of bankruptcy, providing for the first time a detailed look at what the Motor City would look like when it finally sheds its financial burdens.
  • Gov. Snyder: 'Detroit's comeback is underway'

    Gov. Snyder: 'Detroit's comeback is underway'

    Friday, February 21 2014 11:35 AM EST2014-02-21 16:35:28 GMT
    Gov. Rick Snyder issued the following statement today on the filing of a plan of adjustment by  Detroit Emergency Manager Kevyn Orr that is part of the city's restructuring.
    Gov. Rick Snyder issued the following statement today on the filing of a plan of adjustment by  Detroit Emergency Manager Kevyn Orr that is part of the city's restructuring under Chapter 9 of the U.S. Bankruptcy Code.
DETROIT (WJBK) -

Before the emergency manager, Detroit got a Financial Advisory Board along with the consent agreement. The board's purpose? To oversee all the financial decisions in the city.

Now that there is an emergency manager, we are still paying the Financial Advisory Board. Every three months, the nine members of the board are cut a check from the city for $6,250.

On June 6, the checks were cut from the Payroll Department. They were supposed to be sent to the post office via the mailroom, but the checks never made it to two members of the board because someone stole them and cashed them at an east side liquor store called Mr. Liquor on Seven Mile. They cashed them for just pennies on the dollar, according to law enforcement sources.

Authorities are working on the presumption that this is a check cashing ring, and now the FBI, DPD Internal Affairs and the city inspector general are on the case.

Watch the video report as Charlie LeDuff goes to the Payroll Department, the mailroom, the post office and Mr. Liquor looking for answers.

Ultimately, the City of Detroit is responsible for these stolen checks. We called the mayor's spokesman, who said he had no idea what was going on, which was not surprising as that is his usual line.

  • Local NewsLocal NewsMore>>

  • All you need to know: Arts, Beats and Eats 2014

    All you need to know: Arts, Beats and Eats 2014

    Friday, August 29 2014 10:44 AM EDT2014-08-29 14:44:11 GMT
    Celebrating its 17th year and returning to the bustling streets of Royal Oak from Aug. 29 - Sept. 1, Ford Arts, Beats Eats presented by FirstMerit Bank will entertain thousands of visitors from across the region with its outstanding music line-up, stellar arts programming, mouthwatering selection of food, and a number of new attractions this Labor Day weekend.
    Celebrating its 17th year and returning to the bustling streets of Royal Oak from Aug. 29 - Sept. 1, Ford Arts, Beats Eats presented by FirstMerit Bank will entertain thousands of visitors from across the region with its outstanding music line-up, stellar arts programming, mouthwatering selection of food, and a number of new attractions this Labor Day weekend.
  • All You Need to Know: Fifth Third Bank Michigan State Fair

    All You Need to Know: Fifth Third Bank Michigan State Fair

    Friday, August 29 2014 9:56 AM EDT2014-08-29 13:56:12 GMT
    The Michigan State Fair is kicking off in Novi with carnival rides, circus shows and farm animals. Located off Grand River, the fair opens Friday Aug. 29 to Labor Day Sept. 1 from 10 a.m. to 11 p.m.
    The Michigan State Fair is kicking off in Novi with carnival rides, circus shows and farm animals. Located off Grand River, the fair opens Friday Aug. 29 to Labor Day Sept. 1 from 10 a.m. to 11 p.m.
  • Detroit police believe three shootings gang-related

    Detroit police believe three shootings gang-related

    Friday, August 29 2014 8:15 AM EDT2014-08-29 12:15:04 GMT
    In total there has been three shootings within 12 hours and two miles of each other - and police believe there is a connection.
    In total there has been three shootings within 12 hours and two miles of each other - and police believe there is a connection.
Powered by WorldNow

WJZY FOX 46
3501 Performance Rd.
Charlotte, NC 28214
Main Number: (704) 398-0046

Didn't find what you were looking for?
All content © Copyright 2000 - 2014 Fox Television Stations, Inc. and Worldnow. All Rights Reserved.
Privacy Policy | New Terms of Service What's new | Ad Choices