July 17, 2024

The Queens County Citizen

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$230,000 ‘disappears’ from Coquitlam Very little League financial institution account

$230,000 'disappears' from Coquitlam Little League bank account

COQUITLAM (Information 1130) — Following people expecting refunds from Coquitlam Minimal League for the cancelled 2020 time started increasing problems they weren’t receiving their cheques, the board discovered practically $230,000 had vanished from the organization’s financial institution account.

In an e mail to membership, the board said the equilibrium of the lender account was $229,971.31 on June 9. By August 3, significantly less than $3,000 remained and unpaid payments were being starting to pile up.

“The Board of Directors was shocked by these conclusions, as we anticipate you are as you read through this. We desired to share this info with you as soon as feasible and to request for your tolerance as this significant make any difference is investigated,” the email carries on, incorporating a report has been made to Coquitlam RCMP.

“As I hope you can have an understanding of, as a consequence of this severe concern, we are unable to present refunds to our member family members at this time,” the email proceeds.

Relevant: Coquitlam baseball team headed to Minor League Entire world Collection

Sandon Fraser, board president, has issued a assertion expressing the corporation is “devastated.”

“CLL is constructed on a powerful perception of group, and about the past 65 decades we have earned the belief of dad and mom, players, other younger persons, and users of the public. Today, we are going through a difficult time. I discuss for all of the Board when I say that we are operating tricky to make certain that we really don’t drop your belief and assist as a outcome of this major predicament. We are self-confident that we will locate out accurately what took place, how it transpired, and why – and that collectively, we will obtain a way forward,” the statement reads.

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The league has sought legal suggestions and retained an independent accountant to review the organization’s money information.

“We will present updates to our customers and to the public when we are ready to do so. We are using just about every evaluate to guarantee that the RCMP can do their career in investigating this difficulty,” the assertion states.

“We are a close local community and it is standard to speculate on who could be concerned and what transpired. I want to question you to refrain from partaking in any type of speculation. It is significant that we get to the reality and that we do not let rumours or gossip impact us or trigger us to act in any way.”

The League will be holding a virtual meeting later this thirty day period to update afflicted families.

In 2019, a team from the league represented Canada at the Small League Entire world Series.

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