Latest news with #MiamiTownshipBoardofTrustees
Yahoo
16-04-2025
- Business
- Yahoo
Township suing fiscal officer after allegedly trying to purchase gold coins
A local township is suing their fiscal officer after he allegedly tried to purchase gold coins with township money. [DOWNLOAD: Free WHIO-TV News app for alerts as news breaks] PREVIOUS COVERAGE>> Township fiscal officer facing investigation for attempting unauthorized purchase of gold coins The legal complaint says Robert Matthews abused his role as the Miami Township fiscal officer by liquidating the township's investments, attempting to spend millions of township money on gold coins and attempting to fire the finance director. TRENDING STORIES: Man battling cancer shot at on I-70 coming home from chemotherapy Motorcyclist with child passenger flees from police Missing woman's body found buried in concrete under a shed The township's finance director, Clay McCord, prevented the purchase of gold coins. The complaint states that Matthews believes he was authorized to make these decisions and spends the township's funds because of his role as fiscal officer. The complaint details the gold coin transactions, which say Matthews spent $9.7 million on $9.3 million worth of gold coins. Matthews was elected to the Miami Township Board of Trustees in November 2023 and took office in April 2024. He previously served as a trustee from 2014-2017, according to the township's website. The township filed for an injunction against Matthews, in order to keep him from causing further harm, they say. News Center 7 has reached out to the Board of Trustees for comment. [SIGN UP: WHIO-TV Daily Headlines Newsletter]
Yahoo
02-04-2025
- Business
- Yahoo
Township fiscal officer facing investigation for attempting unauthorized purchase of gold coins
A local township fiscal officer is facing a state investigation after allegedly trying to purchase gold coins with township money. [DOWNLOAD: Free WHIO-TV News app for alerts as news breaks] The Miami Township Board of Trustees voted Tuesday night to bar Fiscal Officer Bob Matthews from township offices, outside of instances necessary for the performance of his 'statutorily-defined duties.' TRENDING STORIES: Historic Dayton lumber company announces sale Increasing tornado threat, severe storms Wednesday night with damaging winds Police-involved shooting closes Ohio interstate for hours Wednesday morning In the meeting, Matthews was accused of attempting to cause of transfer of township funds to purchase gold coins last month without the approval of the trustees. The transaction was caught by the township's fraud and accounting control and was canceled. Matthews is also accused of attempting to fire the township's finance director, Clay McCord, in his role of stopping the transaction. In addition to barring him from the township offices, the board voted to authorize the township's legal counsel to pursue a report to the state auditor's office, a referral for criminal prosecution, and declaratory judgment action. Matthews was elected to the Miami Township Board of Trustees in November 2023 and took office in April 2024. He previously served as a trustee from 2014-2017, according to the township's website. News Center 7 has reached out to the Auditor of State and the Ohio Bureau of Criminal investigation for details on their potential investigations into the matter. [SIGN UP: WHIO-TV Daily Headlines Newsletter]
