State Auditor Investigation Finds Financial Mismanagement, Unlicensed Contractor Payments in Town of Newland

State Auditor Finds Major Financial Control Failures In Town Of Newland

NEWLAND, N.C. – A state investigation into the Town of Newland uncovered hundreds of thousands of dollars in spending without competitive bidding or board approval, payments to a dissolved company owned by the town’s then-mayor, overdue financial audits and weaknesses in banking controls that resulted in the loss of public funds. The North Carolina Office […]

Shady business deals benefitting former Newland, North Carolina executives revealed in state audit report

In a town just eight miles outside of Unicoi County, Tennessee, former government leaders are accused of making shady business deals that has placed Newland, North Carolina under the microscope of the State Auditor’s Office. Investigators said former Administrator Bill Bailey made a deal with an unlicensed contractor for maintenance and debris removal at a cost over half-a-million dollars. The former mayor Derek Roberts pocketed more than $36,00…

State Auditor Investigation Finds Financial Mismanagement, Unlicensed Contractor Payments in Town of Newland

An investigative report released by the North Carolina Office of the State Auditor has identified a series of financial management failures in the Town of Newland, including hundreds of thousands of dollars paid to an unlicensed contractor and a sealed-bid sale involving a company tied to the town’s then-sitting mayor. Delinquent Audits and Unbonded Finance …