Oops!! Kimmage Defence Fund Goes Missing...

Flandria

Within days the Kimmage Defense Fund had been set up, with a PayPal account used to house a kitty for Kimmage to dip into. Within months the goodwill for Kimmage and the angst for the UCI had seen the fund raise close to $100,000, $96,169.90 to be exact. However, several months on and the money has allegedly been withdrawn from the Fund with neither Kimmage nor Andy Shen and Lesli Cohen - the two individuals who spearheaded the movement - able to trace the money. Shen and Cohen never had access to the funds.

http://www.cyclingnews.com/news/has-the-paul-kimmage-defense-fund-disappeared

Piss-up and brewery spring to mind...

Jawgap

Did you check down behind the sofa cushions?

Pawlie

Lance robbed it

Jawgap

I think it's resting in Beasty's bank account :pac:

Junior

I think Aaron has been spending to fund his jaunts to classics, Girona etc etc.

happytramp

http://www.thescore.ie/paul-kimmage-fund-missing-892637-May2013/

Seems pretty serious alright. Both instigators of the fund blaming each other for the problem.

Trojan

What I'm shocked at is that Kimmage seems to have taken action against PMcQ and HV without having the actual cash in an account he controlled personally.

petethedrummer

Greatest story on earth this whole thing. It's going to be a multi-series drama.

petethedrummer

<penny dropping>Actually, I contributed to this. I'd like to know where my f**king money went.</penny dropping>

Dermot Illogical

petethedrummer wrote: »

<penny dropping>Actually, I contributed to this. I'd like to know where my f**king money went.</penny dropping>

Spain.

Beasty

Jawgap wrote: »

I think it's resting in Beasty's bank account :pac:

Beasty's legal fund remains intact (but unenhanced) - nearly spent it last week mind

Jim Royle

Reckon its gone on Livestrong bands

buffalo

wow, this made the front page of the paper of record. Below the fold, but still. Well done Stokes, pity about the story.

Beasty

Having read this article, it looks like Cohen set up the account using her personal US Social Security number. It would appear that by doing this she exposed the funds to US tax and on discovering this she handed the whole thing over to Brown. Brown suggests he is trying to sort the tax issue out before he can release (whatever remains of) the funds, which is a reasonable stance to take

I guess there was an urgency when the account was set up, but some thought should have been given to the legal and tax implications early in the process rather than waiting for the fund had reached such a large balance (although to be fair they may never have expected the whole thing to take off like it did)

crumliniano

They are laying into each other on twitter now @cyclismaseditor and @uci_overlord
It's going to have to be some season this year for the racing to be remembered more than the various soaps and scandals.
This week alone we've had this, Froome/Wiggo-gate, Puerto/Destroying bloodbags ruling, Cycling Ireland / McQuaid nomination challenge.
You could fill a tabloid with the stuff!

MPFG

crumliniano wrote: »

They are laying into each other on twitter now @cyclismaseditor and @uci_overlord
It's going to have to be some season this year for the racing to be remembered more than the various soaps and scandals.
This week alone we've had this, Froome/Wiggo-gate, Puerto/Destroying bloodbags ruling, Cycling Ireland / McQuaid nomination challenge.
You could fill a tabloid with the stuff!

Hey you could write a cycling soap spoof with all this...in the vein of Spinal Tap

I'd watch ...cycling is full of shady extraordianry charcters !!!

Dermot Illogical

MPFG wrote: »

Hey you could write a cycling soap spoof with all this...in the vein of Spinal Tap

This groupset goes up to eleven?

Wiggo for that part.

el tel

Unless the fund is misappropriated and the the money spent on someone's sex change op this is going to be a massive disappointment.

MPFG

I heard it was being used for a face transplant Op....Chris Froome was going to have surgery to look like Bradley .....only way he was going to get to lead on the Tour !!!

bazermc

Kimmage on today fm right now

buffalo

Zimmerman has a good summary of the story so far at http://www.cyclismas.com/2013/05/no-good-deed

Junior

https://soundcloud.com/uci_overdrawn/sets

joker77

Detailed feature on it here from Joe Lindsey:

http://www.bicycling.com/news/featured-stories/missing-kimmage-defense-fund

Chips Lovell

Great bit of work by Lindsey there.

witty username

Now able to ask for your money back...

http://kimmagefundrefund.wordpress.com/2013/10/07/receive-your-refund/

Beasty

That site appears to be "unsanctioned" and Lesli Cohen has advised people via Twitter to hold off claiming anything via the site

Statement on the Cyclismas site here

buffalo

Beasty wrote: »

That site appears to be "unsanctioned" and Lesli Cohen has advised people via Twitter to hold off claiming anything via the site

Statement on the Cyclismas site here

I don't know about anyone else, but it's a bit late for me!

buffalo

This is still dragging on, Shane Stokes has the latest here: http://cyclingtips.com.au/2015/04/kimmage-fund-final-judgement-rendered-against-aaron-brown-former-uci-overlord-owes-85-thousand-and-counting

With what is apparently a comment by the perpetrator Aaron Brown at http://cyclingtips.com.au/2015/04/kimmage-fund-final-judgement-rendered-against-aaron-brown-former-uci-overlord-owes-85-thousand-and-counting/#comment-1939006471

conkennedy

groovyg

Fraudster Aaron Timmer Brown or Tim Brown now marketing wine in Calaluyna

http://jimsloire.blogspot.ie/2016/11/aaron-timmer-brown-fraudster-involved.html