The IRE Resource Center is a major research library containing more than 23,250 investigative stories — both print and broadcast. These stories are searchable online or by contacting the Resource Center directly (573-882-3364 or rescntr@ire.org) where a researcher can help you pinpoint what you need. Browse or search the tipsheet section of our library below. Stories are not available for download but can be easily ordered by contacting the Resource Center:
Search results for "public property" ...
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Los Angeles VA Has Made Millions on Rental Deals
This story is about one of the most fought-over pieces of property in Los Angeles, the 400 acre Veterans Affairs Medical Center campus in West Los Angeles. It’s in an affluent neighborhood and has been a target of developers. But with many unused buildings, it’s also been coveted as a place to house some of L.A.’s 8,000 homeless veterans. That was the original use of the land, which was donated for an Old Soldiers’ Home in the late 19th century. The VA has not acted on plans announced in 2007 to begin rehabbing unused buildings there for housing for homeless vets. Meanwhile, it’s rented out land and buildings to commercial enterprises. There is no public accounting for this income. Through FOIA and other documents, we found that the VA is renting out the property using a law intended for sharing health care resources, though the renters are non-health related commercial enterprises. We were also able to estimate that the VA has taken in at least 28 million and possibly more than 40 million dollars over the past dozen years, far more than the cost of re-habbing a building to house homeless vets.
Tags: Property; neighborhood; land uses; veterans
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Cyber Espionage: The Chinese Threat
It’s the biggest threat facing American business today but the least talked about by corporate executives. Experts at the highest levels of government agree, cyber espionage is threatening to steal American wealth, American jobs and ultimately America’s economic security and the biggest aggressor is China. Due to the nature of the crime, the cost to American businesses is nearly impossible to pinpoint. Experts say Chinese hackers are constantly probing corporate networks, sifting through endless amounts of data to decipher what is valuable intellectual property, chemical formulas or proprietary technology. One conservative estimate from the National Counter Intelligence Executive puts the cost of economic espionage at up to $400B annually, but the report states such estimates vary “so widely as to be meaningless,” reflecting the scarcity of data available. CNBC’s David Faber and the Investigations Inc. team spoke with many corporate executives about China’s aggressive effort to target American businesses and their most valuable assets, but many refused to comment on camera for our report, citing becoming more vulnerable to attack by speaking publicly about the issue. However, not one executive denied their company is at risk of cyber-attack on a daily basis or the possibility of losing valuable intellectual property to cyber spies. Government and industry experts we spoke with on-camera have witnessed such costly cyber-attacks during their careers and attest to the fact there are only two companies left in America today: Those who know they’ve been hacked and those who don’t. From a whistleblower claiming telecommunications giant Nortel was one of the first casualties of this all-out cyber war, to high profile and public attacks on Google and RSA, its clear defending against cyber espionage is the new normal for American business.
Tags: Chinese hackers; American businesses; cyber attacks; cyber espionage
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Bad Neighbor Banks: How Big Lenders Spread Blight
Across South Florida, on block after block, homes abandoned in the foreclosure crisis have become eyesores, depressing property values, and posing health and safety hazards for nearby families. The Sun Sentinel investigated and found who was responsible for letting these homes rot: some of the world’s largest banks.
Tags: Hazards; property; banks; public health; public safety
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Behind Closed Doors, Kentucky City Buys Controversial Building For $1.3 Million
Danville, Kentucky’s purchase of the former Boyle County Industrial Storage Facility, better known as the BISCO building, drew a lot of controversy along with legal battles during the second half of 2012. During its Aug. 13 meeting, Danville City Commission unanimously voted to buy the building at auction for $1,237,550. However, a bidder hired by the city had already won the property in auction three days before. Also, on the day of the auction city officials had cut a check for 10 percent of the BISCO building’s purchase price. Residents raised concerns about the secretive nature of the purchase, especially since then-Commissioner Ryan Montgomery’s father, Mike, had a long-standing business relationship with the building’s former owner Mitchell Barnes. After being publicly prodded, Mayor Bernie Hunstad also acknowledged that his wife, Susan, worked for the bidder the city hired to handle the auction process.
Tags: City officials; city government; auction
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D.C. Tax Office Scandal
The District of Columbia struck an unprecedented number of deals behind closed doors this year with prominent commercial property owners who had appealed their tax assessments, reducing the city's tax base by $2.6 billion. The settlements were kept from the public for months until The Washington Post started mining public records and filing FOIAs, which the city routinely denied until the newspaper's lawyers got involved. The Post also learned that city leaders had kept critical internal audits about the tax office in "draft" format to prevent their release under FOIA. Through sources, The Post obtained the undisclosed reports -- along with a dozen other audits that had been kept from public view -- and published the findings for the first time. The series prompted the City Council to change the law to require the tax office to immediately make public all of its reports -- bringing a new level of transparency to a once secretive agency. The Securities and Exchange Commission also launched a probe to see if the city had kept critical findings from audits used to determine bond ratings. The inquiry is ongoing.
Tags: tax fraud; taxes; taxpayers; tax office
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War Zone: The Destruction of an All-American City
The hour-long documentary War Zone: The Destruction of an All-American City takes an unprecedented look at the impact of corruption on the East St. Louis, Illinois area, one of the poorest and most violent communities in America. The program was broadcast twice during prime time; Tuesday night at 8 pm on August 28, and the following Saturday night at 7 pm. This project was the result of an ongoing decade-long probe of government waste, corruption, police misconduct, and violence in East St. Louis and the surrounding villages by investigative reporter Craig Cheatham. Our documentary begins with a detailed look at police misconduct and corruption, how it has contributed to the breakdown of public safety in the East St. Louis area, and why local politicians tolerated such outrageous behavior by their officers. The second part of our documentary focuses on the impact of derelict and vacant housing, the slumlords who own the property and the people who live in some of the worst housing in the metro area. Our investigation also uncovered new connections between politicians and legendary slumlord Ed Sieron, who was business partners with a longtime mayor. In addition, KMOV revealed that of the 500 mostly rundown properties that Sieron owns in East St. Louis, only 13 were cited for code violations. That lack of accountability for the notorious slumlord, empowered him and made the people living in his homes feel powerless. War Zone also exposes the way East St. Louis communities have sold their economy to vice-driven businesses like strip clubs, liquor stores, a casino, and convenience marts that had a long history of selling illegal synthetic drugs. Our investigation found that nearly all of these businesses failed to employ a significant number of East St. Louis residents, even though they received millions of dollars in tax incentives that are paid by East St. Louis residents. At the same time East St. Louis is handing out tax breaks to wealthy out-of-town businessmen, it repeatedly refused to provide the same tax incentives for local residents who wanted to create family friendly businesses that would employ people living in the East St. Louis area.
Tags: government corruption; police misconduct; violence; politicians; community; local business
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Florida's Insurance Nightmare
Six years after eight hurricanes ripped across Florida, state residents still struggle to recover from the storms' legacy - a wrecked property insurance market. Exorbitant premiums, the highest in the world, have soured the state's struggling economy, killed real estate sales and forced families from their homes. Homeowners were told that unless they paid even more, no insurance company would take their hurricane risk. The Herald-Tribune showed that is a lie. Floridians have been lied to about why there is a crisis, where their money is going, and whether they're even protected against storm losses. Public policy has been corrupted by fiction spun by the insurance industry and its supposed regulators. Billions of dollars desperately needed for the next disaster have been siphoned offshore. And millions of homeowners are left to entrust their financial security on a system rigged to extort profit. To expose the hidden truth of Florida's insurance crisis, St. John cultivated key sources deep within every aspect of the insurance industry and sought massive amounts of financial and policy data from multiple state and national entities. When it became obvious Florida's crisis was manipulated from afar, she traveled to Bermuda and Monte Carlo to discover the hidden players truly in charge.
Tags: home insurance; property insurance; Florida; hurricane; real estate; insurance premiums; homeowners; Bermuda; Monte Carlo; state regulators; anti-trust law; State Farm
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Florida's Insurance Nightmare
The Herald-Tribune's series about the Florida property insurance market gives Floridians their first look at the risk of the insurance companies on which they rely. "In print and online, readers can see detailed financial information of more than 100 insurance carriers, the capital they have to weather a disaster, the degree to which they are overexposed, and the extent to which they are leveraged. It is the only public source to alert consumers whose homes might be in danger."
Tags: property insurance; fraud; hurricane; Florida; insurance fraud; National Association of Insurance Commissioners; Florida Office of Insurance Information;
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"Full Disclousure"
In this investigation, ABC Action News revealed a political scandal the included a county commissioner and candidate for the state senate. Commissioner Jim Norman failed to disclose several personal properties, including two boats and a lake front vacation home. As a result of the investigation, Norman was removed from the state senate race.
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A Question of Values
The series revealed rampant problems within the powerful county boards in Ohio that make sure property values set by the country are fair. Findings from the series include board members routinely skipping workdays, decisions being made without public hearings, and tax breaks given to friends of board members.
Tags: city government; county boards; corruption; property taxes; ethics