• Price's Festival Doesn't Explain Where $930, 000 Went. Attorney says Kw

    From Daniel Cook@21:1/5 to All on Sun Jan 21 09:07:17 2018
    XPost: alt.earth.crisis, alt.politics.rush-limbaugh, alt.politics.homosexuality XPost: alt.religion.scientology

    A nonprofit festival founded by Dallas County Commissioner John
    Wiley Price took in more than $1 million in 2009, but the
    group’s tax return did not disclose where most of the money went.

    FBI agents raided the offices and homes of Price and two of his
    top aides on Monday.

    The FBI has not commented on the focus of its investigation into
    Price.

    But a federal grand jury asked for detailed financial
    information on the event, called Kwanzaafest, “months ago,”
    Price’s attorney said Tuesday.

    The attorney, Billy Ravkind, said he turned over the information
    but couldn’t remember if it was subpoenaed or simply requested.

    A copy of Kwanzaafest’s 2009 tax return -- the last year
    publicly available -- shows the event brought in $1,047,764.

    The return itemizes a few smaller expenses, including $33,829
    for “advertising and promotion.”

    But the bulk of the money -- $930,258 -- is listed under the
    category “all other expenses.”

    Ravkind said he never looked at Kwanzaafest’s financial records
    and can’t explain why so much of the money was not categorized.

    “It’s a nothing deal,” he said.

    The attorney said he has instructed Price not to discuss
    Kwanzaafest or anything else while the FBI is investigating.

    “He’s not going to be talking to anybody,” Ravkind said.

    Kwanzafest is a yearly festival at Fair Park that celebrates
    black heritage.

    Price’s longtime assistant, Daphne Fain, is listed as Kwanzaa’s
    president. Price’s political consultant, Kathy Nealy, is
    director.

    Fain’s home and Nealy’s office were raided by the FBI Monday
    morning at the same time agents searched Price’s house and
    office.

    Neither woman has commented publicly on the investigation.

    Russell Baity, a certified public accountant who signed
    Kwanzaafest’s tax return, did not return a phone call Tuesday.

    NBC DFW sponsored Kwanzafest the past two years but has not been
    involved in the group’s financing.

    http://www.nbcdfw.com/news/politics/Prices-Festival-Doesnt- Explain-Where-930000-Went-124685934.html
     

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