Here’s a nice little scandal brewing in Hartford

Now would I take something that didn't belong to me?

Now would I take something that didn’t belong to me?

City Treasurer awarding no-bid contract to friend and tenant in Treasurer’s office building. Theft of funds, coverup, all the usual. We don’t get much news down here about what’s happening in the den of thieves on the Connecticut River, but it’s nice to learn that it’s still business as usual. CT Public Radio has the background story.

4 Comments

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4 responses to “Here’s a nice little scandal brewing in Hartford

  1. Cos Cobber

    I’ve seen something similar happen before. Its best not to ever pay your insurance broker for a policy because you are not assured the money has been actually paid to the insurance carrier. You should pay the carrier directly. If you are using a broker, its not unusual in the biz for your broker to collect a full year of premium from you and then sit on it and pay it to the carrier monthly or quarterly. For some brokers, sitting on that cash pile is apparently too tempting for funny business and mismanagement.

    Obviously there is much more to the story than this, but cash mismanagement and fraud with insurance brokers often starts with misrepresenting premium payments and the actual application of said payment to the underlying policy.

  2. burningmadolf

    Can’t a brother catch a break?

  3. Cos Cobber

    lots to be depressed about when you read something like this:

    http://westfaironline.com/60008/key-ingredient-fails-in-downtown-bridgeport/

  4. Anonymous

    Paging Claude Raines…