(HE)
NOW, TO A CASE THE
TARGET 12
INVESTIGATORS HAVE
BEEN TRACKING FOR
MONTHS
ANOTHER FORMER
RHODE ISLAND
LAWMAKER ---- FACING
CHARGES.
(MM)
IT WAS FIRST BREAKING
AT NOON.
RAY GALLISON IS
ACCUSED OF STEALING
HUNDREDS OF
THOUSANDS OF DOLLARS
FROM ESTATES---- HE WAS
ENTRUSTED TO MANAGE.
INCLUDING ONE FOR A
SPECIAL NEEDS CLIENT.
HE IS THE THIRD
FORMER STATE POLITICIAN
TO BE SLAPPED WITH
CRIMINAL CHARGES IN
THE LAST TWO WEEKS.
(HE)
TARGET 12 INVESTIGATOR
TIM WHITE IS HERE NOW
WITH THE NEW DETAILS
--- HE HAS UNCOVERED.
(TW)
THE FORMER CHAIRMAN
OF THE HOUSE FINANCE
COMMITTEE HAS PLEDGED
TO PLEAD GUILTY TO NINE
FEDERAL FELONY
COUNTS.
AS PART OF THE PLEA
DEAL,
GALLISON WILL MOST
CERTAINLY FACE PRISON
TIME.
ONCE A POWERFUL STATE
REPRESENTATIVE,
RAY GALLISON IS NOW
CHARGED IN A FEDERAL FRAUD
CASE.
CHARGES RANGE FROM I-D
THEFT, WIRE AND MAIL FRAUD
TO FILING FALSE TAX RETURNS.
Mr gallis was essentially as
alleged
stealing from wherever he could.
it
didnt matter if the person was
deceased it didnt matter if it
were
public money he needed to shift
around to meet his purposes. it
didn't matter if the person was
disabled and he was sole trustee
of
that trust.
AT THE HEART OF THE CASE:
GALLISON - AN ATTORNEY - IS
ACCUSED OF STEALING 678
THOUSAND DOLLARS FROM THE
ESTATE OF A BARRINGTON MAN
- RAY MEDLEY - WHO DIED IN
2012.
FEDERAL INVESTIGATORS SAY
GALLISON LIQUIDATED HIS
ASSETS INCLUDING STOCKS TO
PERSONAL GAIN.
"Ray Gallison was greedy pure
and
simple He stole from his
clients,
people who considered him a
trusted attorney and a trusted
friend."
INVESTIGATORS SAY GALLISON
ALSO TOOK 89-HUNDRED FROM
A DISABLED PERSONS TRUST
TO PAY OFF AN OUTSTANDING
BILL AT A NONPROFIT HE
MANAGED, CALLED
ALTERNATIVE EDUCATION
PROGRAMMING OR AEP.
GALLISON WAS A PAID
EMPLOYEE OF A-E-P WHICH
WAS FUNDED ALMOST
ENTIRELY WITH TAX DOLLARS.
it is at least ironic, at least
ironic
that someone who engages in this
level of financial fraud is the
house
fiannce chair. If that isnt
sedning up
alarm bells it ought to
(TW)
GALLISON WILL SERVE AT
LEAST TWO YEARS IN
PRISON, BUT IT COULD BE
MORE DEPENDING ON
WHAT A JUDGE DECIDES.
HE WAS NOT AT HOME
WHEN WE PAID A VISIT AND
HIS ATTORNEY DID NOT
RETURN OUR CALLS.
COMING UP NEW AT 6:
HOW INVESTIGATORS SAY
GALLISON LIED TO THE I-
R-S ABOUT HIS
NONPROFIT... AND HOW
MUCH HE OWES THE TAX
MAN.
WITH THE TARGET 12
INVESTIGATORS, TIM
WHITE, EYEWITNESS
NEWS.
(HE)
NOW -- NEW DETAILS IN A
CASE THE TARGET 12
INVESTIGATORS HAVE
BEEN TRACKING FOR
MONTHS.
(MM)
ONCE THE CHAIRMAN OF
THE POWERFUL HOUSE
FINANCE COMMITTEE.
RAY GALLISON IS NOW AT
THE CENTER OF A
FEDERAL FRAUD CASE --
CHARGED WITH NINE
COUNTS THAT--- HE STOLE
FROM HIS OWN CLIENTS.
AND LIED TO THE I-R-S
ABOUT A TAXPAYER
FUNDED NONPROFIT HE
RAN.
HE'S THE THIRD FORMER
LAWMAKER TO FACE
CHARGES IN AS MANY
WEEKS.
(HE)
WE HAVE IN-DEPTH
COVERAGE OF THE CASE.
NEW AT SIX --
TARGET 12 INVESTIGATOR
TIM WHITE JOINS US TO
EXPLAIN MORE -- ON HOW
INVESTIGATORS SAY
GALLISON LIED TO THE
I-R-S -- AND HOW MUCH HE
OWES UNCLE SAM.
(TW)
ILL-GOTTEN GAINS ARE
STILL CONSIDERED
INCOME BY THE FEDERAL
GOVERNMENT.
AND COURT RECORDS
SHOW FORMER STATE
REP. RAY GALLISON OWES
THE I-R-S 226 THOUSAND
DOLLARS IN BACK TAXES.
FORMER HOUSE FINANCE
CHAIRMAN RAY GALLISON...
NOW A DEFENDANT IN A
FEDERAL FRAUD CASE.
THE 64 YEAR OLD BRISTOL
DEMOCRAT - AND ATTORNEY -
IS ACCUSED OF STEALING
FROM HIS OWN CLIENTS.
As I said it is at least ironic,
at least
ironic that someone who engages
in
this level of financial fraud is
the
house fiannce chair. If that
isnt
sedning up alarm bells it ought
to.
INVESTIGATORS DISCOVERED
GALLISON'S NONPROFIT --
CALLED ALTERNATIVE
EDUCATIONAL PROGRAMMING
OR AEP --
CLAIMED IN FEDERAL TAX
RETURNS THEY HELPED 47
STUDENTS BY PAYING OUT 77
THOUSAND DOLLARS IN
SCHOLARSHIPS.
In truth over that time period
he
paid on behalf of AEP only a
little
over 3 thousand dollars to
assist two
students while paying over 64
thousand dollars to himself and
another person in wages and
consultant fees for no worker
under
taken on AEP's behalf
GALLISON IS ALSO ACCUSED OF
STEALING MORE THAN 677
THOUSAND DOLLARS FROM THE
ESTATE OF A BARRINGTON MAN
WHO DIED IN 2012.
PROSECUTORS SAY GALLISON
STOLE THE MAN'S IDENTITY AND
LIQUIDATED HIS STOCKS.
"Ray Gallison was greedy pure
and
simple
HE'S ALSO ACCUSED OF
LOOTING A DISABLED PERSON'S
ESTATE.
GALLISON WILL BE ORDERED
TO PAY RESTITUTION.
(TW)
DON'T EXPECT ANY
OTHER CHARGES,
NERONHA SAYS THIS
CASE IS NOW CLOSED.
GALLISON HAS PLEDGED
TO PLEAD GUILTY AND
FACES AT LEAST TWO
YEARS IN PRISON BUT A
JUDGE COULD LEVY A
HEAVIER SENTENCE.
GALLISON'S ATTORNEY
DID NOT RETURN OUR
CALLS FOR COMMENT.
WITH THE TARGET 12
INVESTIGATORS TIM WHITE
EYEWITNESS NEWS