http://www.dailycamera.com/cu-news/ci_27927940/cu-11-other-club-teams-had-prohibited-bank
Any thought on this, especially from team members? Sounds pretty sketchy.
Any thought on this, especially from team members? Sounds pretty sketchy.
CUFST Coach Investigated for Embezzlement
- Thread starter COskier
- Start date
Z-Juice
Active member
I'm not a member, but I was faintly considering joining in 2013 when all of this was going on behind the scenes.
I was recovering from shoulder surgery and wasn't sure on my skiing status for the season so I asked Palmer if it would be alright if I could pay him a few months later at the low price (if I wanted to join) and he said that would be fine (prices would be a few hundred $ more otherwise). So he wasn't trying to screw me there. That's my insignificant and slightly irrelevant story.
Anyway it sounds like he stole from the team/university to me. The fact that he withdrew the $50,000 days before resigning is an oblivious action to affirm that. And the email verification for his loan that he provided to the newspaper seems like a charade as well. First of all the club sports director denied it. And even if it were true, the club sports director would never allow him to modify his salary from $2,100 to $40,000 without opening an investigation and he certainly wouldn't let Palmer simply modify the information himself.
The only confirmed illegal action he/the team did was creating the external bank account. And the reasons he claimed to do so seem like bullshit to everyone "avoiding the club sports bureaucracy and last minute travel purchases" (from another article). The problem is that he had control of the organization and all of the money was transferred into a private account, so yeah making that account was illegal, but after that how much can law enforcement verify where that money came from and verify what it was used for? Surely they can because he wrote checks directly from that account and inflated his salary dramatically right?
Also, I have nothing against CUFST, there are some terrific and passionate skiers in the organization. Hopefully they have all moved past these issues and have good leadership moving forward.
I was recovering from shoulder surgery and wasn't sure on my skiing status for the season so I asked Palmer if it would be alright if I could pay him a few months later at the low price (if I wanted to join) and he said that would be fine (prices would be a few hundred $ more otherwise). So he wasn't trying to screw me there. That's my insignificant and slightly irrelevant story.
Anyway it sounds like he stole from the team/university to me. The fact that he withdrew the $50,000 days before resigning is an oblivious action to affirm that. And the email verification for his loan that he provided to the newspaper seems like a charade as well. First of all the club sports director denied it. And even if it were true, the club sports director would never allow him to modify his salary from $2,100 to $40,000 without opening an investigation and he certainly wouldn't let Palmer simply modify the information himself.
The only confirmed illegal action he/the team did was creating the external bank account. And the reasons he claimed to do so seem like bullshit to everyone "avoiding the club sports bureaucracy and last minute travel purchases" (from another article). The problem is that he had control of the organization and all of the money was transferred into a private account, so yeah making that account was illegal, but after that how much can law enforcement verify where that money came from and verify what it was used for? Surely they can because he wrote checks directly from that account and inflated his salary dramatically right?
Also, I have nothing against CUFST, there are some terrific and passionate skiers in the organization. Hopefully they have all moved past these issues and have good leadership moving forward.
PeteyWykes
Member
13411782:UVMFST said:
dude blows
