July 22, 2024

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Business is my step

Kansas foster care leader charged $469K to credit playing cards, hid economical losses

10 min read
Kansas foster care leader charged 9K to credit playing cards, hid economical losses
Kansas foster care leader charged 9K to credit playing cards, hid economical losses
The Rev. Bobby Smith, president and dean of Saint Francis Ministries, signs merger paperwork uniting St. John's Military School and Saint Francis Ministries in 2019. The Kansas foster care leader charged $469,000 to credit cards and hid financial losses.

As the CEO of Saint Francis Ministries, Robert Smith utilised corporation credit playing cards for lavish resort stays, initial course updates on airways, apparel, income withdrawals, iTunes purchases and meals at 5-star dining establishments although hiding increasingly dire monetary difficulties from his board of directors.

Files from a Saint Francis investigation present Smith invested $11 million in a friend’s business for software that crashed and ruined the organization’s money data. Saint Francis invested hundreds of countless numbers of bucks in a software led by Smith’s spouse to harvest a “miracle” food in El Salvador, wherever staff members questioned for and received Visa credit cards for the intent of obtaining hard cash to bribe regional officials. Smith regularly was warned about the economical perils of entering a contract to provide expert services in Nebraska, in which Saint Francis is projected to drop $27 million in the latest fiscal year, ahead of Smith signed the deal.

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