Judge Removes Fiscal Officer for Gold Coin Investment
Dayton News Today | 2 Min News | The Daily News Now! · The Daily News Now!
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Montgomery County Judge Rules Against Fiscal Officers Gold Coin Investment Plan
A Montgomery County judge has removed Miami Township Fiscal Officer Robert Matthews from his position after he attempted to invest $9.7 million in taxpayer money in gold coins. The township board launched an investigation when suspicious transactions were flagged, and Matthews claimed it was a smart investment amid rising property taxes and poor returns on other funds. However, court records show that Matthews knowingly broke state law and the townships investment rules. The township plans to quickly appoint a replacement to ensure steady leadership moving forward.
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