I may have figured out where the money went from neurological fund at CSAC. It’s possibly a political payout fund. The week it went missing Senator Leland Yee called the CSAC office. All of a sudden $100,000.00 goes missing and the senator saves them from getting canned. Go figure. If anything happens to me it’s the CSAC.
In 2012 there was $712,000.00 in Neurological Fund. So where is all the money that was taken in from then till 2015 budget report. This is it.
NEURO FUND – 621,000
BOXER’S PENSION FUND – 5,151,186
We know what cash is currently available. The question is what DCA is spending it on, to whom, and why. They’re paying someone from Raymond James $15,000 at a time to manage the boxer fund. Theoretically, $30k a year goes to RJ to manage a fund with medium volatility. Why isn’t the money in a normal bank account or a bond?
What hasn’t been asked — if the state is so serious in finding boxers money they are owed, why isn’t it budgeted as such?
Budget Act of 2015
1,447,000 – CSAC spending authority
64,000 – neuro fund (max allowed to spend)
107,000 – boxer’s pension fund (max allowed to spend)
Budget Act of 2016
1,676,000 – CSAC spending authority
61,000 – neuro fund (max allowed to spend)
109,000 – boxer’s pension fund (max allowed to spend)
Millions of dollars is there to be given out but the Legislature and the Governor’s office won’t give more than 100,000 in spending authority in a year? By that standard, it would take 50 years to give away the money.
Goossen-Tutor issued a press release on the matter, highlighting the fact that a judge said that Plowman & Chappelle’s actions “was procured by corruption, fraud or other undue means.”
Here were more written lies about Jiu Jitsu so they could illegally regulate the same way they did with Pankration lies about being full contact.
More lies from Armando “UFC” Garcia notice he tells me that Judo, Jiu Jitsu and Submission Wrestling is full contact. This is the same thing I am getting from Andy Foster about light contact pankration. But Andy Foster won’t put it in writing. Still waiting for that from him.
They commit lies and fraud for C$AC Money!