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Sun Jul 12, 2020, 06:36 AM

Jonesboro food company says it was ruined by former Craighead county clerk's financial misdeeds

A new lawsuit adds more allegations of financial misdeeds against Kade Holliday, the Republican who resigned as clerk of Craighead County after being charged with stealing $1.6 million in public money.

The suit is by Total Healthcare LLC, doing business as Twisted Foods, and Rose Hankins. The company sold customized meals. Holliday and his management company are defendants.

The suit says when the company was formed in 2015, Holliday was given 30 percent of the business instead of salary in return for providing accounting and managerial expertise.

After Holliday’s arrest, Hankins checked her company’s records and discovered the company had been plundered by Holliday diverting company money to personal accounts. (This is what he’s alleged to have done with Craighead County accounts. He’s also been accused of taking $15,000 to $20,000 from a local business group for which was de facto treasurer. )

Read more: https://arktimes.com/arkansas-blog/2020/07/11/jonesboro-food-company-says-it-was-ruined-by-former-craighead-county-clerks-financial-misdeeds

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Another allegation of missing money involving former Craighead County clerk

KAIT-TV reports another instance of missing money involving Kade Holliday, who resigned recently as Republican county clerk of Craighead County after being charged with diverting $1.6 million in public money to personal accounts.

The Northeast Arkansas Leadership Business Council reported to the sheriff’s office that it had checked its bank account after Holliday’s arrest and found it contained $6. Council President Jeff Morris said $15,000 to $20,000 was missing. He said Holliday kept the council’s records as de facto treasurer. He thinks the council was a victim of Holliday.

https://arktimes.com/arkansas-blog/2020/07/08/another-allegation-of-missing-money-involvingformer-craighead-county-clerk
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Geez, another crooked Republican--what a shock!

2 replies, 645 views

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Reply Jonesboro food company says it was ruined by former Craighead county clerk's financial misdeeds (Original post)
TexasTowelie Jul 2020 OP
3Hotdogs Jul 2020 #1
TreasonousBastard Jul 2020 #2

Response to TexasTowelie (Original post)

Sun Jul 12, 2020, 07:30 AM

1. I don't get it. You hire a book keeper and not check the

bank statements against what is reported?

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Response to 3Hotdogs (Reply #1)

Sun Jul 12, 2020, 08:14 AM

2. Happens far too often. Auditing is something people just hate to do.

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