Printer Friendly
The Free Library
19,573,952 articles and books
Member login
User name  
Password 
 
Join us Forgot password?

A five-fingered loan? (Crime).


If John Loan is telling the truth, New York's gay service groups may be unknowingly providing services with dirty money.

Loan, 45, who was arrested January 14 and charged with grand larceny A category of larceny—the offense of illegally taking the property of another—in which the value of the property taken is greater than that set for petit larceny.

At Common Law, the punishment for grand larceny was death.
, is accused of embezzling $3 million. He says he used some of the money to care for his partner, who died of AIDS complications in 1998, and donated the rest to Gay Men's Health Crisis The Gay Men's Health Crisis (GMHC) is a non-profit, volunteer-supported and community-based AIDS service organization that has led the United States in the fight against AIDS.  and the city's LGBT LGBT Lesbian, Gay, Bisexual, Transgender  community center.

As an events and food services food services Hospital services A 24/7 department in a hospital that provides for the nutritional needs of inpatients–eg, those needing special diets, preparing meals and transporting them to the floor and, through the cafeteria, the hospital staff and  manager for investment management group Alliance Capital, Loan is said to have skimmed the money for more than 3 1/2 years by faking invoices for services that were never provided. Prosecutors say he actually spent the money developing a cabaret music label and a Web site. --B.A.
COPYRIGHT 2002 Liberation Publications, Inc.
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2002, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

 Reader Opinion

Title:

Comment:



 

Article Details
Printer friendly Cite/link Email Feedback
Title Annotation:executive John Loan is arrested for embezzlement
Publication:The Advocate (The national gay & lesbian newsmagazine)
Article Type:Brief Article
Geographic Code:1U2NY
Date:Feb 19, 2002
Words:128
Previous Article:Touched by an angel. (People).
Next Article:Yes, minister. (Norway).
Topics:



Related Articles
Managing betrayal: a case study of employee dishonesty.
Former ECUSA treasurer (Ellen F. Cooke) released from custody (for embezzlment).
CHAMBER DIRECTOR ARRESTED.
$748,564 HOSPITAL THEFT VALLEY PRESBYTERIAN EMBEZZLEMENT SUSPECT A NO-SHOW AT HEARING.
Section IV: persons arrested.
Legal update: embezzlement; How to prevent it--and steps you can take when it happens.
Persons arrested: data updated 02/17/06.

Terms of use | Copyright © 2012 Farlex, Inc. | Feedback | For webmasters | Submit articles