The SCPR has learned from a person in a position to know that Stark County may not lose any money from the loss detected by auditors in late March, early April 2009 from the Stark County treasury.
Treasurer Gary D. Zeigler fired his chief deputy at the time, Vince Frustaci, saying that he believed Frustaci had stolen the missing money.
During the campaign to retain the Stark County commissioner "imposed" sales/use tax (December, 2008), the "Vote No Increased Taxes Committee" in its fall, 2009 campaign seemed to take it as esablished fact that Stark County would lose money from the alleged theft as one of several reasons Stark Countians should vote "not]" to retain the tax.
Apparently, whatever amount of money was lost might be covered entirely by bonds carried and paid for by commissioners on officials such as Zeigler.
It has been nearly 9 months since the story broke on April 01, 2009.
The SCPR understanding is that the investigation is being conducted by federal officials because there is a banking aspect to it.
One has to believe that the results of the investigation will be forthcoming in short order.
The discussion of how much Stark County will be out-of-pocket could be a indicator that there is definition as to the actual amount of money involved.
It seems reasonable to believe that whom is to be charged is just around the corner.
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