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News of Otsego County

repays $170K of $480K

Elks Misused $480K Bequest For Repairs, Not For Charity

ATTORNEY GENERAL REPORTS:

Elks Misused $480K Bequest

For Repairs, Not For Charity

In Settlement, Lodge Agrees To Repay $170K

The state Attorney General’s Office says the Oneonta Elks used a charitable bequest to repair the lodge at 84-86 Chestnut.

ONEONTA – The Oneonta Elks Club has agreed to make good on $170,000 from a bequest for charitable purposes that was used instead for repairs to the lodge at 84-86 Chestnut St., the state Attorney General’s Office has announced.

As part of the settlement, the Elks agreed to repay $169,162 – $80,000 in a lump payment, and monthly payments after that until all the money is returned.

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