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Air America – Gloria Wise loan controversy
The Air America – Gloria Wise loan controversy concerned a loan from the Gloria Wise Boys and Girls Clubs given to radio station Air America. The legality of the loan was investigated for several reasons, including the Boys and Girls Club being a charity organization and a conflict of interest as Evan Cohen was at the time chairman of both entities.
==Background==
In July 2005, the (''Bronx News'' ) reported Gloria Wise Boys and Girls Clubs of Co-op City loaned $480,000 to Progress Media, then owner of Air America Radio. The Gloria Wise group claims to be a non-profit organization providing services for children and seniors in the Bronx. The amount was later determined to actually be $875,000. On August 2, 2005, the New York Sun reported that the Gloria Wise executive committee estimated a total of $875,000 was transferred from the club to Progress Media as well as directly to Evan Cohen.〔(【引用サイトリンク】title=Franken Unaware of Ex-Colleague's Alleged Loans )〕
抄文引用元・出典: フリー百科事典『 ウィキペディア（Wikipedia）』
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