HAWAII'S CABAL AT IT AGAIN, MAKE THE HAWAIIAN PAY MORE FOR WHAT THEY DONT WANT -
Skim: Caldwell Reaches New Level of Insanity
SA: Funding proposals for the Honolulu rail system took a weird turn recently, as columnist David Shapiro pointed out, when Mayor Kirk Caldwell suggested boosting the state’s skim of the rail tax from 10 percent to 25 percent (“Mayor’s plan brings rail to new level of insanity,” Star-Advertiser, Volcanic Ash, Feb. 5)….
The other counties are already getting a free ride on Honolulu’s rail tax by not contributing to it but getting the benefits of the state’s skim. Now Caldwell wants Honolulu taxpayers to help build neighbor island road projects with the rail tax revenues.
He should be advocating the exact opposite by asking the state to stop taking its unearned skim and return to the city all that it has taken to date.
HR: Business in Hawaii with Reg Baker – Hawaii Taxes Skyrocketing
read … Rail skim goes to neighbor islands
OHA, HART Auditors Didn’t Notice Embezzlement Until Company Ran Out of Cash
SA: …Deputy Prosecutor Chris Van Marter said Monday that Oki “engaged in a pattern and practice of cooking the books so that they would appear however he needed them to appear to further his criminal scheme.”
Van Marter said Oki created fictitious companies and employees with their own websites and email addresses, phony correspondence, contracts, invoices and tax forms. He said Oki doctored a hotel receipt to appear as though an employee of one of the fictitious companies he created had stayed at the Trump International Hotel and Tower in Waikiki when in fact it was his girlfriend who stayed in the hotel.
In one of the schemes, Van Marter said, Oki told his partners that two of the phony companies were doing business with the CIA. He said the other schemes revolve around the phony purchase of Hawaiian Cement by a Japanese company.
In each scheme, Oki told his partners that he was using his money to pay clients’ expenses, which in turn the firm needed to reimburse, and that the clients would later refund the company, Van Marter said. He said Oki also transferred money from his company credit card to his PayPal and Square online payment accounts, then transferred the money again into his own bank account.
Van Marter said that because none of the phony clients made any payments, at one point PKF was unable to cover all of the reimbursements Oki requested. So instead, the PKF partners reduced by $60,000 the amount Oki owed the company for an earlier loan. (Translation: They Didn’t Notice The Embezzlement Until Their Company Ran Out of Cash.)
- Jan 29, 2017: OHA 2016 Check Register: Money Flows to Lawyers, LLCs, Insiders and More
- Jan 19, 2017: Financial Services: OHA Spire Contract Balloons 760% in Two Years
- Background: Prosecutor: HART & OHA Auditing Firm Victim of 3-year, $500K Embezzlement Scheme
- PBN: PKF Pacific awarded a $1M contract to modernize the state's accounting system