Ridgewood News Editorial: Coin caper calls for change
MARCH 28, 2014 LAST UPDATED: FRIDAY, MARCH 28, 2014, 12:32 AM
A former public works inspector’s admission to the brazen theft of approximately 1.8 million quarters is troubling on many fronts. As The Record detailed last week, the effort to make off with what amounted to more than $460,000 in coins is astounding.
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Payment is not the problem-the fox was in the henhouse & no one was counting the eggs.
I like that one, the caper. talk about a big f—–k u p , this is the number one thing the new manager will fix. the second is she needs to stop the ass kissing, and a few trying to be the new lap dog . it’s sicking . just do your job. my god what a few would do to get a promotion . you don’t need to be like coin boy. be your self, or you don’t know how. because what we see is very sad .
right buddy .
wow I love It , That is so very True # 1 & # 2.
I don’t think he took 12 tons of quarters. He stole some, and others stole some too.
He got caught, and copped to it once he knew he wouldn’t go to jail. The trick will be watching his finances to see where he gets the money to pay it back. My guess is he will be getting lots of bank envelopes full of cash from various people over the next few years.
Ooooh, #4, sounds awesome, mob payoffs for a job well done ? Who will be giving him envelopes ?
The guy on the grassy knoll will deliver the money.
just like he walked off with over $460,000 worth of quarters
No #5. The other people who took quarters too, not the mob.
more will come out, the mob no . other people new, now what is the village going to do about this. the ones who gave him this power will go down.
#4 agree. To put this in perspective, and bearing in mind that $100 in quarters weighs 5 pounds, taking $460,000 in quarters requires carrying 31.5 pounds out of the building every single day. If he didn’t go to work on weekends or holidays, and was there 250 days per year, he’d have to carry out 46 pounds a day. If he missed a day, he’d have to carry out over 90 pounds, more than a sack of cement. You don’t put that in your pants pockets and converting that many quarters to cash would be a full time job by itself.
Let’s do the math
$460,000 over 25 months
25 months = 760 days
760 minus weekends = 544 days
544 days minus paid holidays = 524 days
524 days minus 3 weeks vacation = 494 days of work in 25 months
1.8 million quarters divided by 494 days = 3643 quarters per day!
If $100 in quarters equals 5 lbs, then $1000 = 50 lbs,
then 3643= approx 180 POUNDS PER DAY!!
But feel free to check my math.
Either way, this is WAY too much to be a one person job!
Everyone is assuming he took all of it from the coin room and in the allotted time stated. Think again, the statue of limitations is 5 years, and he’s been working for the village longer than that.
Nothing adds up with this story – something is rotten to the core