Ramapo, NY - Two weeks after federal investigators spent
more than seven hours seizing electronic and paper records inside the Ramapo
Town Hall, a federal grand jury has now issued subpoenas demanding records from
the agent involved in bond sales for the Boulder’s baseball stadium, along with
those from town auditors and Provident Bank.
LOHUD.com reports that, according to officials, the federal
investigation appears to be zeroing in on Town Supervisor Christopher St.
Lawrence to see if he “overstated assets” with regard to the bonds and their
refinancing.
A 157-page report released by the feds shows the
investigation runs much deeper than initially reported, with the feds seizing
records and town bank deposits dating all the way back to 2009.
Former Legislator Bruce Levine said that the report is
“clearly” looking into what statements were made about the “fiscal condition”
of the town by town officials on security filings.
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