SSCVA countersues Batistatos for fraud for vacation buy-backs

  • 📰 chicagotribune
  • ⏱ Reading Time:
  • 64 sec. here
  • 3 min. at publisher
  • 📊 Quality Score:
  • News: 29%
  • Publisher: 91%

United States Headlines News

United States Latest News,United States Headlines

The South Shore Convention and Visitors Authority has countersued its former President and CEO for “fraud and unjust enrichment” almost two years after he sued the board for wrongful termination.…

Speros Batistatos, former head of the South Shore Convention and Visitors Bureau, is shown in his backyard of his St. John home on Saturday, July 16, 2022.

“Between 2014 and 2021, Batistatos received over $200,000 from the SSCVA in Vacation Day buy-backs that were accrued by his erroneous and deceptive reporting of time off,” the suit reads. “Batistatos was aware that he had not properly earned the benefits he entered on his time records.” “The above listed cash out for the funding of his VALIC annuity shall not exceed forty five days per calendar year. No other vacation day cash out shall be allowed absent severance/termination from the .”

The suit named the SSCVA as well as its board chairman Andy Qunell, and several individual board members including Matt Schuffert, Brent Brashier, Tom Dabertin and Matt Maloney. In it, Batistatos claimed the SSCVA board engaged an outside attorney to renegotiate his contract, which was to expire Dec. 31, 2022, as well as formed a compensation committee to assist in the renegotiation.

The suit also alleged the SSCVA board misspent PPP funds when it disbursed “no strings attached” expenditures of $25,000 each to 15 different municipalities in violation of the CARES Act. The law required 60% of PPP funds to be used for payroll and the remaining 40% for overhead. The SSCVA received about $388,500 in PPP funds. The board has disputed this claim.

Source: Holiday News (holidaynews.net)

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 8. in US

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

2 killed in plane crash in remote area south of South Lake TahoeAn investigation is underway after at least one person died in a plane crash in a remote area south of South Lake Tahoe on Wednesday evening, the National Transportation Safety Board (NTSB) said.
Source: KPIXtv - 🏆 443. / 53 Read more »

Tension between North and South Korea flares as South plans resumption of front-line military activitiesNorth Korea's recent launch of trash-carrying balloons drew a vow from South Korea of 'unbearable' retaliation.
Source: CBSNews - 🏆 87. / 68 Read more »

Dimond girls stun South in double overtime, while South boys complete unbeaten season at state soccerThe Lynx won on a header in double overtime to snap a skid against rival South.
Source: adndotcom - 🏆 293. / 63 Read more »

South Carolina's Shamari Earls Bringing Elite Skill to GamecocksMeet South Carolina commit Shamari Earls, an elite defensive back joining the South Carolina Gamecocks.
Source: SInow - 🏆 273. / 63 Read more »

South Africa senses monumental change as partial count in election puts ruling ANC below 50%Partial results in South Africa’s national election have put the long-ruling African National Congress at less than 50% of the vote.
Source: latimes - 🏆 11. / 82 Read more »

Partial count in South Africa election puts ruling ANC below 50% as voters sense monumental changeThe African National Congress could lose its majority for the first time since it swept to power under Nelson Mandela at the end of apartheid in 1994.
Source: adndotcom - 🏆 293. / 63 Read more »