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Imperial Beach Chamber of Commerce Issues Statement on Missing Funds to its Members!

Jun 17, 2015 04:24PM ● Published by Paul Spear

In an email sent out Tuesday June 16th to their members, the Imperial Beach Chamber of Commerce Issued Statement on Missing Funds!

"On February 10, 2015, a member of the Imperial Beach Chamber of Commerce (IBCOC) Board of Directors made an unauthorized withdrawal from the IBCOC bank account.  A portion of these funds have been returned but $19,500 remains outstanding.  The Board of Directors continues to work with Chase Bank to recover these funds and to prevent future incidents of this nature.  Since this is an ongoing investigation through the San Diego County Sheriff's Department through their Central Investigations Division, Financial Crimes Investigations, we cannot release any further information.”  The Imperial Beach Chamber of Commerce continues to operate as normal and remains open for business.

During the period discussed in the above released statement, the Board of Directors voted out their existing Treasurer, a local Real Estate Broker, and was replaced by Jim Mickelson who finished out the term and was reelected to the position by the Chamber Members in results released Tuesday, June 16.

Paul Spear, Editor

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