LA Laker Star Ron Artest And His Sister Under Investigation For Welfare Fraud
Controversial Los Angeles Laker star Ron Artest is caught up in an investigation of welfare fraud against his sister Latoya Holmes-Ivey.
Police and housing authorities raided the home Latoya Holmes-Ivey and her three children rent at 336 E. Burgess Ave. Wednesday morning.
Holmes-Ivey is suspected of receiving federal housing assistance, as well as other social services, while receiving financial assistance from her millionaire basketball/rapper brother, and not reporting it.
That is welfare fraud, and is a criminal offense.
A tip came from a former CPA that handled Ron Artest financial affairs a Tennessee-based accounting firm called TriStar Sports and Entertainment.
According to court documents, the ex-employee sent an e-mail to the Housing and Urban Development Office in Indianapolis claiming that TriStar, under the direction of Artest, was using one of his bank accounts to pay all of Holmes-Ivey’s bills.
The man requested to remain anonymous, saying that he could not, in good conscience, fail to report such an ethics infraction.
Ron Artest may want to check the wording in that non-disclosure form that I am certain the former accountant signed, as the accounting firm’s reputation has got to be destroyed by this leak. Confidentiality between their clients is key to their business.
If the former CPA did sign a non-disclosure form, then his disclosure of this information, even if it is to be found true, will be admissible in court, and will be the reason that all charges will be dropped.
Housing authorities said that if the allegations are true, Holmes-Ivey would have used at least $34,000 in taxpayer money she was not entitled to. According to court documents, the ex-employee sent an e-mail to the Housing and Urban Development Office in Indianapolis claiming that TriStar, under the direction of Artest, was using one of his bank accounts to pay all of Holmes-Ivey’s bills.
The man requested to remain anonymous, saying that he could not, in good conscience, fail to report such an ethics infraction.
Housing authorities said that if the allegations are true, Holmes-Ivey would have used at least $34,000 in taxpayer money she was not entitled to.
Note that the investigation and any future charges will be against Holmes-Ivey and NOT Ron Artest. It is the responsibility of the benefactor of Federal aide to report any income or gifts to the Welfare department so they can determine if the individual is actually in need at that time.
The neighbors of Holmes-Ivey said they were skeptical of her, because she used to brag about who her brother was.
“I never understood why she was on assistance because of that, when she told me he was her brother,” said Marcia Taylor. “The people who do need the assistance don’t get it, when the people who don’t need it get a lot of time.”
None of the parties involved were available for any further comments on this matter.
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Follow the story here, as well as this trusted source, The Indychannel.com…
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