Marshals Find $1 Million In John George’s Safe Deposit Boxes
U-S Marshals this week discovered more than a million dollars in small bundles of cash in several safe deposit boxes controlled by former Dartmouth Selectman John George.
George is currently serving a 70 month jail term for embezzling funds from the Union Street Bus Company, a taxpayer subsidized firm he operated.
George had previously told the courts his assets totaled less than $200,000.
The U.S. Attorney's office and U.S. Marshals sought search and seizure warrants from the court to obtain assets they believed were being concealed by George.
This week, Marshals gained access to George's safe deposit boxes at banks in New Bedford and Fairhaven. The U.S. Attorney's Office says the boxes were filled to the brim with cash in rolls of 100-dollar bills, fifties, and other denominations.
Prior to his sentencing, George told the court his liquid assets consisted only of $160,000 in bank accounts and $28,000 in cash.