November 2003: The amount in the Tribe's frozen account at Wells Fargo Bank- $400,000,000. Four-hundred million dollars. $400 million.
May 2008: The tribal council informs the Meskwaki people that the Tribe is broke and cuts the percap.
October? 2009- The tribal council informs the Meskwaki people that the Tribe has $37 million with $7 million in reserve.
There are several theories floating around about what happened to the Tribe's money.
1. The tribal council hid the money.
2. The tribal council spent all the money.
3. The money was laundered by the tribal council.
Tribal members need to put the pressure on the new tribal council to find out what happened to the Tribe's money and if possible to recover the money.
I think it would be wise to set up a yearly spending limit for the tribal council. How about an allowance of $500,000- $1,000,000 a year. It's not fair for the whole Tribe to be left in a bind because of seven tribal members.
*I'll scan and post the Wells Fargo Bank statement that shows the Tribe's balance of $400,000,000.
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still waiting on that scan... i like how you have this proof and that proof but i never see any proof. put up or shut up.
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