Double & Quadruple Dipping

By: Libi Uremovic, May 30, 2014 | Original Article at Patch.com

Alan Kapanicas

It’s not a secret that Beaumont is controlled by Kapanicas. He & Urban Logic slithered into town 20 years ago for the sole purpose of making money; and money he’s made.

His 700 Form shows he is Owner of ‘General Government Management Services’. This ‘company’ has a Fair Market Value of ‘$100,000 – $1,000,000’ and ‘Gross Income’ is listed as ‘Over $100,000’.

Up until I started auditing the books GGMS was listed on the ‘Professional Services’ of the bonds and GGMS was receiving a regular check issued for ‘consulting services’.

Let’s Review: Kapanicas is paid for his position as City Manager, plus gets a cut of money funneled to Urban Logic, plus takes another cut on every bond, plus cuts himself regular check for an additional $2,300 month. I guess that would be quadruple dipping.

William Aylward

Bill Aylward is the Finance Director and a CPA. Although Kapanicas has been pulling the strings, because of the additional laws violate while holding a CPA license Aylward will probably end up getting more prison time than Kapanicas.

Aylward’s 700 Form shows that he owns ‘Beaumont Auto’ and ‘Beaumont Tire’ where the City purchases all of their auto supplies. He lists himself a ‘part owner’ of the Business. Does anyone know who owns the other half of Beaumont Auto/Tire?