South Carolina lawmakers call to axe treasurer after $1.8 billion accounting error
The results of the audit found that $1.6 billion of the $1.8 billion believed to have existed was the "result of incorrect journal entries."
South Carolina faces federal securities investigation over $1.8 billion accounting error
A South Carolina Department of Administration report revealed origins of a $1.8 billion accounting discrepancy that has puzzled lawmakers and residents alike.
$1.8 billion isn’t missing after all in South Carolina but questions remain about accounting error
COLUMBIA, S.C. (AP) — It turns out that $1.8 billion in South Carolina state funds weren’t just sitting in a bank account waiting to be spent. Instead, it was an accounting error compounded over years instead of being reconciled, an independent forensic audit determined.
SC rocked by $1.8B accounting error, state leaders call for treasurer's impeachment
In a shocking revelation, a nearly $2 billion accounting blunder has rocked South Carolina’s state finances. On Wednesday evening, Governor Henry McMaster confi
Accountants skeptical following South Carolina’s reveal of $1.8 billion money mystery
South Carolina’s mysterious $1.8 billion in a bank account doesn’t exist. That’s the answer to the nearly year-long questions of “Where did this money come from” and “Who does it belong to?” State Treasurer Curtis Loftis says he’s accounted for every single cent.
South Carolina Unveils $1.8B Accounting Oversight
An independent forensic audit has unveiled a $1.8 billion accounting oversight in South Carolina's state funds, dispelling hopes of a financial windfall. This discovery, rooted in past errors and compounded over years,
Audit confirms South Carolina's $1.8B financial error largely nonexistent
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.
Impeachment and investigation calls bubble against SC Treasurer Curtis Loftis amid SEC investigation
House Speaker Murrell Smith has pledged investigations into South Carolina Treasurer Curtis Loftis' handling of a $1.8 ...
Charleston City Paper17h
Pressure grows on Loftis to resign over $1.8 billion snafu
Statehouse leaders are calling for the resignation or impeachment of state Treasurer Curtis Loftis over a $1.8 billion ...
Rep. Heather Bauer announces articles of impeachment against SC Treasurer
Representative Heather Baur will hold a press conference on Thursday to discuss the filing of articles of impeachment ...
House Democrat calls for SC treasurer’s impeachment over $1.8B accounting debacle
In the wake of a report that South Carolina’s financial leaders allowed a $1.8 accounting blunder to linger on the state’s ...
southcarolinapublicradio1d
The State House Gavel: Feds probe SC accounting error, audit reveals $1.8B source
Statehouse reporters Gavin Jackson, Russ McKinney and Maayan Schechter are back at the Capitol reporting what you need to ...
S.C. officials face backlash from lawmakers over $1.8B error
Opinions are split at the South Carolina State House over what consequences should result from a report one top lawmaker says displays “incompetence.” ...
SC lawmakers split on what comes next after nonexistent $1.8 billion surplus
Opinions at the South Carolina State House are split on what consequences should come from a report one top lawmaker said ...
Lawmakers press State Treasurer, discuss next steps after $1.8 billion error audit report
The financial audit revealed most of the $1.8 billion was made up of entries made in a conversion error, not amounting to ...