Urbin Report

Thursday, July 28, 2005

Air America under investigation for taking money from kids...

The Bronx News reports:

The Bronx News has learned, through informed sources, that the diversion of hundreds of thousands of dollars from the Gloria Wise Boys & Girls Club in Co-op City to the liberal Air America Radio is at the center of the city’s probe of corruption at the local club.

The money, which was reportedly paid to Air America as a loan, was supposed to be paid back with interest, two unidentified informed sources told the News. One source added that Air America officials, led by an official of the Gloria Wise Club, agreed to help the local club by publicizing its activities.

To date, no indictments have been handed down in the New York City Department of Investigation’s ongoing probe of the Gloria Wise Club’s reported transfer of funds to Air America...

...The city’s DOI is pursuing the probe because the Gloria Wise Club depends heavily on city funding for its operations. These funds are subject to extensive audits, as are funds received through the state and federal governments.
The Co-op City-based club, which Rosen has built into an empire in the Co-op City community, reportedly has 19 contracts and at least one grant with the city, worth a total of $9.7 million.

Over the last year, Rep. Joseph Crowley has secured two major federal grants for the Gloria Wise Club, one for a day-care program for Alzheimer’s patients and their caregivers and the other for the community’s NORC program for senior citizens. The grant for the program for Alzheimer’s patients and their caregivers was for $250,000, while the grant for the NORC program was for $99,410.

In 2003, Crowley secured a $218,500 grant for a mentoring program that the Gloria Wise Club runs.

Cohen, who is reportedly at the center of the Gloria Wise probe, is a Guam-based investors who was reportedly a key principal in the start-up of Air America...


HT to Ms. Malkinand Brian Maloney.
Captain Ed has more.