From BigGovernment.com it seems that former ACORN president Wade Rathke embezzled not the $1M ACORN reported, but $5M instead. Quite an oversight.
…According to the new subpoena issued by the Louisiana Attorney General, it seems ACORN leadership was aware of the full extent of the embezzlement. That they have covered up the true figure cast doubt on their ability to truly reform the organization. In other words, they will only admit to what they get caught at.
View the full article here. When it rains it pours. Finally.