SC’s mysterious $1.8 billion never existed, an auditor says | The State

SC’s Mysterious $1.8 Billion Never Existed, An Auditor Says | The State

2 weeks from now

Jan 15, 2025  · Most of the nearly $2 billion that was listed in a flow-through account set up during an accounting system transition never existed, according to a new report from an independent …

thestate.com

S.C. Audit Finds Mysterious $1.8B State Surplus Doesn’t Exist - WRDW

2 weeks from now

Jan 15, 2025  · COLUMBIA, S.C. (WCSC) - The state of South Carolina now faces a U.S. Securities and Exchange Commission investigation into the misreporting of a $1.8 billion …

wrdw.com

'The Funds Do Not Exist;' Mysterious Case Of $1.8b Found In State's ...

2 weeks from now

Jan 15, 2025  · $1.8 billion found in a state bank account in 2024 has been deemed to "not exist," Gov. Henry McMaster announced Wednesday.The governor's statement comes follo

abcnews4.com

Most Of SC’s Mysterious $1.8 Billion Never Existed, According

2 weeks from now

Jan 15, 2025  · Most of SC’s mysterious $1.8 billion never existed, according to an independent auditor ... also says errors by the treasurer’s office over the years led to the $1.8 billion …

yahoo.com

Report: Mysterious $1.8B Surplus Reported In SC Coffers Doesn’t Exist

2 weeks from now

Jan 15, 2025  · Gov. Henry McMaster has responded to a forensic accounting report that found a reported surplus of $1.8 billion never actually existed. ... SC lawmakers and outside auditors …

live5news.com

State Auditor Resigns Amid Investigation Into $1.8B Money Mystery

2 weeks from now

Jan 23, 2025  · After months of testimony, a consulting firm found that the $1.8 billion never existed. Former State Comptroller General Richard Eckstrom resigned from his position in …

wach.com

SC Under Federal Investigation As Auditors Determine Mystery …

2 weeks from now

Jan 16, 2025  · COLUMBIA — Most of the mysterious $1.8 billion discovered on South Carolina’s books last year was never real. The seeming windfall was just more bad accounting, according …

indexjournal.com

South Carolina Audit Reveals $1.8B Mystery Account May Not Exist

2 weeks from now

Jan 15, 2025  · COLUMBIA, S.C. — An audit of South Carolina's state finances finds that the puzzling $1.8 billion account mostly never existed in the first place. The lengthy report, …

wcnc.com

$1.8 Billion Isn't Missing After All In South Carolina But Questions ...

2 weeks from now

Jan 16, 2025  · It turns out that $1.8 billion wasn’t just sitting in a bank account in South Carolina waiting to be spent. ... The state has its own auditor, but that person is hired by a five-person …

apnews.com

SC Lawmakers Split On What Comes Next After Report On …

2 weeks from now

Jan 17, 2025  · On Wednesday, the results of a months-long independent forensic audit were released, finding a reported $1.8 billion surplus in South Carolina accounts does not actually …

wistv.com

SC Audit Reveals $1.8B Error Due To System Conversion Mistake ...

2 weeks from now

Jan 16, 2025  · COLUMBIA, S.C. — Lawmakers are working to figure out what is next after a long-awaited state audit revealed that a $1.8 billion discrepancy in South Carolina’s finances was …

wltx.com

South Carolina's 'mystery' $1.8 Billion Didn't Exist - WSPA 7News

2 weeks from now

Jan 16, 2025  · COLUMBIA, S.C. (WSPA) – One of the biggest conversation topics recently in South Carolina was the “mystery” $1.8 billion, reported to be found in a state account. Former …

wspa.com

Accountants Skeptical Following South Carolina’s Reveal Of $1.8 …

2 weeks from now

The report says about $1.6 billion never existed, while the remaining $200 million had been real at one point, yet it was eventually spent by lawmakers and never removed from the books.

msn.com

Report: Mysterious $1.8B Surplus Reported In SC Coffers Doesn’t Exist

2 weeks from now

Jan 16, 2025  · For nearly a year, South Carolina lawmakers and outside auditors have been investigating a mystery, multi-billion-dollar sum that had been reportedly sitting in state …

wistv.com

Auditors Claim Mysterious $1.8 Billion SC Money Never Existed

2 weeks from now

Jan 16, 2025  · South Carolina legislators and external auditors have spent almost a year examining an enigma: a $1.8 billion SC money sum in state accounts, devoid of any identified …

myrtlebeachsc.com

$1.8 Billion Isn't Missing After All In South Carolina But Questions ...

2 weeks from now

Jan 16, 2025  · Loftis testified under oath before senators last year that he invested the money in the mystery $1.8 billion account and made nearly $200 million in interest for the state, which …

yahoo.com

Report On Existence Of SC’s Mysterious $1.8B Account Delayed

2 weeks from now

Jan 4, 2025  · An outside audit on the existence of $1.8 billion sitting in a state flow through account has been delayed. S.C. Department of Administration Executive Director Marcia …

thetandd.com

South Carolina's $1.8 Billion Mystery Money Never Existed

2 weeks from now

Jan 18, 2025  · After Mr. Eckstrom’s successor blew the whistle on what he and everybody else insisted for the past year was $1.8 billion in mysterious state funds, Mr. Loftis threw a hissy fit …

postandcourier.com