Disturbed by use of taxpayers’ money

State Comptroller Thomas DiNapoli speaks on Feb. 17, 2014. Credit: Charles Eckert
Something is wrong when $1.6 million of taxpayer money from working people is given to a firm run by a man from Brookville so he can “invest” the funds in technology companies [“Audit: LI venture firm misused federal cash,” News, Jan. 25].
What makes it even more egregious is that this venture capitalist invested the money in companies in which his firm owned majority interests.
I don’t think the bookies would give very good odds on the government ever recovering any of this money.
Gennaro Pasquale, Oyster Bay