Thursday, June 18, 2015

June 18, 2015 Hamblen County/Morristown Solid Waste Board Theft and Trip to Disney World Comes in Third Place in Beacon Pork Contest

Hamblen/Morristown former landfill director Ronnie Brady's theft of over $220,000.00 from the local Solid Waste Board garnered third place in a "government pork" poll by the Beacon Center.

Click here for the poll results.

Brady's theft was beaten out for the top "pork" spot by the transfer of $165,000,000.00 of taxpayer dollars to VW in Chattanooga and the $46,000.00 spent by Governor Haslam to come up with a new state "logo."

Brady's theft was accomplished primarily by issuing LOTS of "extra" solid waste payroll checks to himself and also using solid waste funds to pay his personal bills.

The theft went undetected for at least 3-1/2 years even though there was a nine-member board with oversight duties, even though the SWB was audited every year, and even though SWB chairman Stancil Ford was supposed to physically sign or personally stamp his signature on checks along with Brady's signature.

Most businesses and governmental entities require TWO signatures on all checks to try to prevent exactly what happened at the solid waste board.

Ford, however, was not personally signing or personally stamping the "extra" checks. Ford apparently had given Brady access to Ford's signature stamp which, of course, defeated the whole purpose of having two signatures on checks.

After all, it's not really a "check and balance" against potential theft when one person (Brady) can sign his signature to checks and can also stamp the signature of the other person (Ford) on the checks.

Giving someone your signature stamp or access to your signature stamp opens the bank door for theft. 

And the door to the SWB bank account was left wide open by Stancil Ford failing to physically sign SWB checks or at least go and use HIS signature stamp on the checks HIMSELF.

Maybe Stancil deserves an "assist" in helping Ronnie Brady win 3rd place in the Beacon pork and waste (and theft) contest!

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