< Back to All News

County Could Get Financial Break in Fraud Case

A possible financial break for Nevada County in the Gold Country Lenders case. The county has to foot the bill for attorneys for Phillp Lester and Susan LaFerte–the brother and sister who allegedly bilked investors out of over 3.2 million dollars. Lester and LaFerte have claimed indigence and are using public defenders–which the county is paying for. County Chief Financial Officer Martin Polt says costs have grown to 238-thousand dollars, and could exceed 600-thousand by October, when the case is scheduled to go to trial…

Listen to Martin Polt 1

But the county wants the state to pay the bill because the Attorney General’s office is prosecuting the case. Polt says that money comes out of the county’s general fund…

Listen to Martin Polt 2

Polt says the financial break could come from the governor’s office. There is a line item in Jerry Brown’s January budget for 393-thousand dollars, specifically for Nevada County and the Lester Case. The budget process is still in its early stages, though, and there are no guarantees the 393-thousand dollars will remain in there.

KNCO Web Comments Guidelines

  1. Keep it clean. Comments with inappropriate language, no matter how cleverly spelled or decorated will not be posted.
  2. Comments on the way the story was written or misspelled words will be passed on to the story authors and not posted.
  3. Please use your real name. Anonymous comments or comments posted using a fake name or web handle may not be posted.
  4. Please use your real email address so we can contact you.
  5. No flaming. Any comments that are primarily of a name calling finger pointing nature may not be posted.
  6. The comment section is not a right it is a privilege. KNCO retains all rights as to what is posted on its website.

Leave A Comment

*

*

* captcha