Dewey audit committee member explains decision

September 24, 2019

I was one of the two volunteers on the Dewey audit committee who resigned. I resigned my position for the following two reasons:

• The commissioners’ unwillingness to follow up on the fraudulent lifeguard nonprofit. The commissioners have yet to send a letter notifying those people who gave to this supposed nonprofit, that the existence of the nonprofit is a lie. People who used this as a tax deduction should have been notified, and at least been given the option to either receive a reimbursement or be told to not apply this as a deduction. It is a federal crime to present yourself as a 501(c)(3) and the Town of Dewey refused to acknowledge this.

• The lack of reportability by the police to the town of the LESO program.

The only abuse I received was from Mr. Bauer who attacked the above positions. I should note that I was the director of the Export Finance Division of Toronto Dominion Bank, have over 25 years’ experience in banking and finance, and was the director of the Special Assets Division of a Maryland state agency.  

I quit because I did not want to partake in a sham audit committee.

Dennis Trencher
Dewey Beach


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