International tourism
organization victim of alleged fraud
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September 13, 2011 |
Even non-profits can’t escape being taken
advantage of as a trusted former employee of the
International Selkirk Loop (ISL) is alleged to
have been embezzling from the organization.
Suspicion of missing funds was brought to light
during a recent tax preparation, and later
verified by an independent CPA firm.
“The Board of Directors and I were shocked and
saddened by confirmation of the missing funds,
and our first thoughts were about our member
businesses, the organization and how this event
would affect our overall operation,” stated
Carol Graham, Executive Director for the ISL.
"This person was a coworker, a valued associate
and in a position of trust, and that trust has
clearly been violated”, stated Ms. Graham.
The award winning International Selkirk Loop was
founded over 10 years ago, and is North
America’s only International driving loop. It is
comprised of a series of spectacular roadways
and over 350 member businesses in 65 vibrant
communities, which encircle the Selkirk Mountain
range in Idaho, Washington, Montana and
south-eastern British Columbia.
“We would like to assure all member businesses
and associates that the Loop is on firm
financial ground, and that this alleged incident
will in no way impact the current or future
health of the organization” stated John Reed,
Chair of the ISL. “A thorough review of all
financial practices is underway, and new
policies will be put into effect in order to
ensure that anything of this nature never
happens again” stated Reed.
As the situation unfolds the organization is
committed to business as usual. New marketing
initiatives are in the works, which include a
recently released travel guide, ISL touring map,
and a spectacular Map of Day Hikes in and around
the East and West Kootenay region of British
Columbia.
This information and more can be found online at
http://www.selkirkloop.org.
The case is currently under investigation, the
prosecuting attorney has verified information
and three felony charges of grand theft were
leveled. |
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International Selkir Loop |
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