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Tony Cottell and USCF Finances



 
 
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Old December 4th 04, 02:21 PM posted to rec.games.chess.politics,rec.games.chess.misc,misc.legal,rec.games.chess,alt.chess
Sam Sloan
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Default Tony Cottell and USCF Finances

Tony Cottell developed the Roach Motel System of USCF Finances. Any
money that came in did not go out.

He was a CPA who was twice elected treasurer. It was during the terms
of Tony Cottell as USCF Treasurer that the USCF built up a reserve of
two million dollars.

While doing this, Tony Cottell made lots of enemies in the USCF. He
was dismissed as a crackpot and became the most hated man in chess
politcs.

When he last ran for election, he finished a distant last place.

The last time he came to a USCF meeting was in Framingham 2001. Tony
Cottell presented a motion to put the USCF's LMA funds into a frozen
esgrow account where the board could not touch it. Cottell's motion
nearly passed. It failed by just a few votes. If it had passed, we
would still have that $2 million.

I understand that Tony Cottell now lives in Florida.

Sam Sloan
 




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