Learn and Earn Financials Fishy
Learn and Earn
was back in the news today with questions arising as to where all of
their funding has come from. The group has submitted 624,625
signatures to get slot machines put on the ballot in November.
However, with all of those signatures came some questions. Opponents
want to know where the $1.9 million in revenue is coming from. They
have already disclosed that there were seven racetrack owners that put
in money, as well as two developers from Cleveland who each put in
$355,000. They also said that not all of the money has been collected
yet.
The problem is
that the group told people that their income was coming from a group
called the Ohio Legacy Fund, which is a nonprofit group set up last
October. Because of its status it does not have to disclose financial
arrangements, thus avoiding telling who was actually funding them –
which to opponents sounds like a big run around to finance a political
agenda somewhat illegally.
The group says
that they have not done anything wrong, and that slot machines will
end up on the ballot, all people have to do is see the number of
signatures that have been collected. They feel that people really want
this to pass. In the meantime, the Secretary of State’s office is
responsible for verifying all of the signatures to see if they meet
the required 322,899 to get the slot machine initiative on the ballot. Back to
August Archive or Slot Machines |