Re: BIA Loses 2.4 Billion

Ron Petersen (rpeterse@synergy.net)
Sat, 16 Mar 1996 18:07:58 -0600


Friends,

As you know I sent a post a week or two ago about the above subject. It was
a copy of a newspaper article about this subject. The article claimed that
the BIA had "misplaced" trust funds.

Shortly after posting this article I received an e-mail from an author of a
book that claims the money is not misplaced, it is lost! His message and
website information on the book follow.

--

In response to the Associated Press Article about missing billions in BIA trust accounts, I am the former BIA employee (and CPA-auditor) who first uncoverd and reported this mess in my assigned audit reports in 1986, yes, that is ten years ago. I was of course fired as a way of silencing me on that subject, and have been "blowing the whistle" every since.

That the money "isn't necessarily missing" is not correct, there are hundreds of millions of dollars missing, perhaps as much as the current balance of two billion.

I have written a book on this subject, which recently became available on the World Wide Web. The book "Stealing From Indians" may be found thru your web program, such as Netscape, at:

http://www.alpinet.net/bookstore/thundr79.html

Connect there and you can read the browse file, or order the complete book.

This is a major scandal, similar to the recent Savings & Loan debacle.