Beaumont Finance Director William Aylward resigned on May 1, 2015 after 20 years of forging Financial Statements.
The City’s books revealed that money was funneled to several private companies, including companies that Aylward himself owned.
Approximately $400 Million in Mello Roos bond funds, Mitigation Fees, and Taxes are missing.
Beaumont City Council rejected the 2014 Financial Statements because of fraud and material misstatements.