No Result
View All Result
China Secrets Revealed
  • Economy
  • Editor’s Pick
  • Investing
  • News
  • Stock
  • Economy
  • Editor’s Pick
  • Investing
  • News
  • Stock
No Result
View All Result
China Secrets Revealed
No Result
View All Result
Home Stock

Baltimore Corruption

by
June 16, 2025
in Stock
0
Baltimore Corruption

Chris Edwards

Local government corruption comes in many flavors, as we found in summarizing 15 recent cases. A news story from Baltimore alerts me to yet another method of corruption: officials taking bribes to cancel debts owed to the government.

In Baltimore’s Department of Finance, employee Joseph Gillespie accepted $250,000 in bribes from city residents for canceling or postponing their payments for taxes, citations, and water bills.

Gillespie’s bribe-taking continued unabated for 8 years (2016–2023), losing the city at least $1.25 million. His scheme worked by simply entering false data on the city’s outdated computer systems, sometimes with the help of other employees. Gilliespie was recently sentenced to jail.

After scamming the city for years without being caught, Gillespie was emboldened to steal from federal COVID-19 relief funds. With a co-conspirator, he submitted fake data on an application form and received $138,000 in business relief aid in 2021.

Why didn’t Baltimore stop Gillespie’s lawbreaking earlier? Baltimore finance officials are pointing to the city’s 40-year-old software, minimal security, and limited audit trails. A city auditor had earlier raised the issue of Gillespie’s suspicious activities, but no one followed up.

Stopping such straightforward bribe-taking should be a solvable problem. It is baffling why so many American cities apparently have not put basic safeguards in place. 

How about installing the system of “euthunai” practiced in ancient Athens? At the end of their tenures, Athenian officials underwent reviews of their actions and financial audits to uncover any corruption, such as embezzlement and bribe-taking. All types of officials were subject to these and numerous other personal accountability mechanisms.

For appointed and elected government officials today, knowing that a detailed end-of-tenure audit is coming would both dissuade theft and discourage dishonest people from seeking government office in the first place.

Aristotle said, “For the people do not take any great offence at being kept out of the government … but what irritates them is to think that their rulers are stealing the public money.” Still true more than 2,300 years later.

Previous Post

Supreme Court hands Ed Sheeran legal win in Marvin Gaye copyright fight

Next Post

Postal Banking Continues to Fail

Next Post
Postal Banking Continues to Fail

Postal Banking Continues to Fail

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Get the daily email that makes reading the news actually enjoyable. Stay informed and entertained, for free.
Your information is secure and your privacy is protected. By opting in you agree to receive emails from us. Remember that you can opt-out any time, we hate spam too!
  • Trending
  • Comments
  • Latest
Mike Johnson calls off Israel trip amid Iran conflict

Mike Johnson calls off Israel trip amid Iran conflict

0
TD Cowen downgrades Molson Coors, lowers price target to $58: Is it time to exit?

TD Cowen downgrades Molson Coors, lowers price target to $58: Is it time to exit?

0
Google’s antitrust ruling draws parallels to Microsoft’s 25-year-old case: Here’s how

Google’s antitrust ruling draws parallels to Microsoft’s 25-year-old case: Here’s how

0
In 2023, Colorado Lawmakers Pushed Back on Cops Practicing Pain Medicine Based on Flawed CDC Guideline

In 2023, Colorado Lawmakers Pushed Back on Cops Practicing Pain Medicine Based on Flawed CDC Guideline

0
Mike Johnson calls off Israel trip amid Iran conflict

Mike Johnson calls off Israel trip amid Iran conflict

June 16, 2025
FLASHBACK: Trump launched his first presidential campaign ten years ago

FLASHBACK: Trump launched his first presidential campaign ten years ago

June 16, 2025
Senate panel navigates delicate compromises on Medicaid, taxes in latest chunk of Trump’s megabill

Senate panel navigates delicate compromises on Medicaid, taxes in latest chunk of Trump’s megabill

June 16, 2025
Israel activates ‘Barak Magen’ aerial defenses for system’s first ever interception

Israel activates ‘Barak Magen’ aerial defenses for system’s first ever interception

June 16, 2025

Recent News

Mike Johnson calls off Israel trip amid Iran conflict

Mike Johnson calls off Israel trip amid Iran conflict

June 16, 2025
FLASHBACK: Trump launched his first presidential campaign ten years ago

FLASHBACK: Trump launched his first presidential campaign ten years ago

June 16, 2025
Senate panel navigates delicate compromises on Medicaid, taxes in latest chunk of Trump’s megabill

Senate panel navigates delicate compromises on Medicaid, taxes in latest chunk of Trump’s megabill

June 16, 2025
Israel activates ‘Barak Magen’ aerial defenses for system’s first ever interception

Israel activates ‘Barak Magen’ aerial defenses for system’s first ever interception

June 16, 2025

Disclaimer: ChinaSecretsRevealed.com, its managers, its employees, and assigns (collectively "The Company") do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

Copyright © 2024 ChinaSecretsRevealed. All Rights Reserved.

No Result
View All Result
  • Economy
  • Editor’s Pick
  • Investing
  • News
  • Stock

Copyright © 2024 ChinaSecretsRevealed. All Rights Reserved.