The investigative flap over a charity ranch run by combative national radio host Don Imus is over. According to published reports, an official from the New York State Attorney General's charities office wrote to the gruff radio personality telling him that "no further inquiries concerning the Ranch are needed at this time," thus ending the probe launched by AG Eliot Spitzer. The 64-year-old Imus and his wife Deirdre, operate "The Imus Ranch" a 4,000-acre parcel in New Mexico for critically ill children. The ranch became the subject of an unflattering profile in the March 24 edition of The Wall Street Journal, which drew comparisons of the unusually high costs associated with the ranch -- $2.6 million per year for 100 children -- and compared them to other well-known charitable camps such as actor Paul Newman's "Hole in the Wall Gang." The piece detailed the Spitzer probe and questioned the Imus' personal use of the property without reimbursing the ranch. Spitzer's office said the inquiry was launched when the charity requested an extension to file tax data and that the AG's office had received an anonymous letter urging it to investigate Imus's use of the ranch. The cantankerous Imus, known for wearing his trademark 10-gallon hats on the air, labeled the WSJ reporter, Robert Frank, a "punk" and "dishonest," claiming that he (Frank) refused to come to the ranch and that he interviewed him (Imus) just one day before the article appeared. During his morning broadcast, Imus maintained that he never personally benefited from the ranch. "I'm not getting anything out of this other than having fun helping the children," he said. However, Paul Steiger, the Journal's long-time managing editor, said the article was fair and accurate and written by "one of our most experienced and capable reporters."
-
Leaders at Top 100 Firms have a host of new concerns about staffing, culture and succession.
17m ago -
RIA Soltis acquired accounting, tax and advisory firm GDM Private Financial Solutions, the latest example of client demand for integrated wealth and tax planning solutions.
1h ago -
The Big Four Firm is globally embedding enterprise-scale agentic AI into its assurance engagements, meaning that audits will now use the technology in its firms worldwide.
2h ago -
The funding will let Modus partner with audit-focused accounting firms, and develop its technology.
3h ago -
Digits announced that accountants will only pay for clients if the Digits platform successfully automates 95% or more of transactions with zero human touch.
5h ago -
Over 1,000 IRS employees owe more than $8 million for not complying with the terms of a program that helps them repay their student loan debts.
April 7







