Saturday, September 6, 2014

West Palm Beach finance director out. City: she lied on resume | West Palm Beat

It turns out that our larger municipal neighbor to the north isn't perfect either. Click title for link to an Eliot Kleinberg article that reveals what led to West Palm Beach's Finance Director being asked to leave. From the article:
A search of federal records by the Palm Beach Post shows that, in 2002, the National Association of Securities Dealers had barred her from trading “in any capacity.” The agency’s report said it concluded she’d faked documents to suggest she’d canceled a trade when she hadn’t. It said Sias didn’t admit guilt but consented to the disciplinary action.
Sias’ position with the city didn’t require her to have the securities license. But, city spokesman Elliot Cohen said late Friday, “we were taken, plain and simple. She lied to us and we didn’t catch it. One of the things we are looking to now is why we didn’t catch it, to make sure it doesn’t happen again.”