The Half Moon Bay Beautification Committee organization embezzlement was discovered after the Treasurer, Jack Olsen, died. The remedy since is about half insurance reimbursement. two authorized officer signatures on the account, and better oversight.
Half Moon Bay Review/Mark Noack, 1/3/12. "Beautification Committee fails to follow financial safeguard."
Beautification supports Main Street improvements |
"It’s been two years since the Half Moon Bay Beautification Committee said its late treasurer, Jack Olsen, exploited his position of trust and used the nonprofit’s checkbook to steal at least $200,000 intended for Coastside charities.
Last week, Palmer said the nonprofit has since recouped $100,000 of the loss through an insurance policy claim. ... “We feel now that
this chapter is closed, and we’re moving forward.” Read article.
Beautification hosts the HMB Arts & Punkin Festival |
Half Moon Bay Review, 5/24/10, updated 1/20/11,"Services set for Farm Bureau head Jack Olsen" (5/24/10 and 5/25/10). "Services have been set for Monday and Tuesday to honor the life of Jack Olsen, who was executive administrator of the San Mateo County Farm Bureau. ... The Beautification Committee mourns this monumental loss, and our thoughts, prayers and love are with Jack's family," said committee chair Cameron Palmer in a prepared statement. "Our deepest sympathies go out to them."
Posted by Kathy Meeh
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