Beaumont Forged 2015 Audit
Council Must Either Fire their Staff or Admit that Council Gave the Directive to Forge Audit with Intent to Defraud Banking Institutions.
The City of Beaumont has Forged a version of their 2014/2015 Audit by re-added the City’s Bonds as Assets. Bonds are Debt, not Assets. The City never had any money to buy bonds. The City Forged their 2015 Audit to Defraud Banking Institutions.
Beaumont violated California State Laws and Forged their Financial Statements to Illegally form two Joint Powers’ Authorities; Beaumont Financing Authority (BFA) and the Community Facility District (CFD). The BFA acquired bond debt then ‘sold’ the bond debt to the CFD which allowed the Lawyers and Consultants to double-dip fees from the Bonds, but that doesn’t …