Liz Wolf

ACORN Embezzlement Totaled $5 Million, Internal Audit Asserts

ACORN logoWhere there's smoke, there's fire. And in the case of the radical nonprofit network, the Association of Community Organizations for Reform Now, or ACORN, the fire is more than five times as bad as originally reported. According to results from an internal audit released yesterday, top ACORN members embezzled around $5 million during its years under the helm of founder Wade Rathke. That's well above the roughly $950,000 that Rathke's brother, former ACORN chief financial officer Dale, reportedly stole during 1999-2000 - and that Wade Rathke ordered covered up lest the incident create bad publicity. Fittingly, current ACORN chief organizer Bertha Lewis claims the latest allegations to be "completely false."

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