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V12 2009 INDEX
E-SYLUM ARCHIVE
ANA ACCUSES FORMER EXECUTIVE DIRECTOR OF FRAUD
Speaking of numismatic officials dismissed from high places, Numismatic News reported this week on the latest development regarding the dispute between the American Numismatic Association and its former Executive Director Christopher Cipoletti. The story by David Ganz is available on the NumisMaster web site -Editor
Newest development in the litigation wars between the ANA and its fired executive director Christopher Cipoletti: the American Numismatic Association now says he committed civil fraud and stole thousands of dollars from the organization in papers filed with El Paso County Court on May 19.After Cipoletti's discharge, which the ANA board said was "for cause," a curtain of silence descended as the hearing of the controversy began in the murky world of commercial arbitration, which is notable for its lack of public review or oversight, the perfect forum to discretely launder dirty linen.
Evidently, a lot of discovery - the exchange of evidentiary documents - was involved over the last several months, all preparatory to a hearing or trial before a panel of arbitrators who are privately paid by the litigants to rule on the case.
The ANA claims that thousands of dollars it was entitled to were never turned over to it and that Cipoletti was properly discharged for cause. In a related development, the ANA's outside litigation counsel handling this matter has asked to amend the counterclaims asserted against Cipoletti to include a claim for civil theft.
All of the claims involved in the arbitration are also part of a larger court proceeding in El Paso County, Colo., court in Colorado Springs.
To read the complete article, see: ANA Alleges Theft in New Court Filing (http://www.numismaster.com/ta/numis/Article.jsp?ad=article&ArticleId=6735)
THE BOOK BAZARRE
Wayne Homren, Editor
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