{"id":5644,"date":"2014-12-11T12:15:59","date_gmt":"2014-12-11T19:15:59","guid":{"rendered":"http:\/\/motorcyclecolorado.com\/blog\/?p=5644"},"modified":"2014-12-18T22:33:06","modified_gmt":"2014-12-19T05:33:06","slug":"theft-charge-not-abates-big-problem","status":"publish","type":"post","link":"http:\/\/motorcyclecolorado.com\/blog\/theft-charge-not-abates-big-problem\/","title":{"rendered":"Theft Charge Not ABATE&#8217;s Big Problem"},"content":{"rendered":"<p>I spoke to people from the Denver Police Fraud Unit and the Denver District Court Wednesday and got a few things clarified regarding the charge against former ABATE of Colorado State Coordinator Terry Howard. She definitely has been charged, but only on one count of theft. I had been told previously, and reported with caveats, that there were charges of forgery and theft. (I have updated that post with this new, solid information.)<\/p>\n<p><div id=\"attachment_5672\" style=\"width: 273px\" class=\"wp-caption alignright\"><a href=\"http:\/\/motorcyclecolorado.com\/blog\/wp-content\/uploads\/2014\/12\/ABATEd10patch.jpg\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-5672\" src=\"http:\/\/motorcyclecolorado.com\/blog\/wp-content\/uploads\/2014\/12\/ABATEd10patch.jpg\" hspace=\"10\" alt=\"ABATE D-10 patch\" title=\"ABATE D-10 patch\" width=\"263\" height=\"197\" class=\"size-full wp-image-5672\" \/><\/a><p id=\"caption-attachment-5672\" class=\"wp-caption-text\"><strong><em>My ABATE D-10 patch.<\/em><\/strong><\/p><\/div>There still isn&#8217;t much official information available yet but I did learn that there will be a &#8220;second advisement&#8221; at 1:30 p.m. on Friday, Dec. 19 in Room 2100 at the Denver City and County Building. The case is #CR146265 in case anyone wants to pursue it. I will definitely be there.<\/p>\n<p>While this case is crucially important for Terry Howard, not at all meaning to be dismissive toward her, it is really small potatoes for ABATE. ABATE has a much bigger issue, which is this <a href=\"http:\/\/motorcyclecolorado.com\/blog\/sweeping-changes-at-abate-investigation-update\/\" target=\"_blank\">crushing debt<\/a> that threatens to wipe out the organization. I&#8217;ll be following the case but I&#8217;m going to be spending a lot more time trying to get answers to the questions regarding how ABATE ever got here in the first place.<\/p>\n<p>I want to spell out the questions I&#8217;m going to be pursuing, both to let you know where I&#8217;m headed and also to organize my own thoughts on what I want to do. I&#8217;ll include a little history along the way.<\/p>\n<p>There was a time not long ago when ABATE was flush. Revenues from the rider training program were in excess of $1 million a year, providing the group the cash to put the state coordinator on salary along with the rider training program manager (already being paid, I believe) and two folks to work in the office. Ben Hochberg was the rider training head and it was largely through his efforts that the program was doing so well.<\/p>\n<p>Personalities were conflicting in the office, however. One thing led to another and Ben got fired. One thing I want to understand is how&#8211;and if&#8211;Ben&#8217;s departure ties in with the decline in the program and the revenue it brought in. Was there already a major decline in proceeds when Ben left? Or did the program nosedive after he left? I do know there were some issues before Ben left that he tried to warn the board about but I&#8217;m not clear if they were financial.<\/p>\n<p>So Ben left and then what happened? I do know the state <a href=\"http:\/\/motorcyclecolorado.com\/blog\/new-most-legislation-taking-shape\/\" target=\"_blank\">MOST program<\/a> (Motorcycle Operator Safety Training) went through some changes, and I&#8217;ve talked about them here. Was that change in MOST all by itself the cause of ABATE&#8217;s financial crash? Or was firing Ben a decision that really should have been avoided at all costs? Or what other factors came into play?<\/p>\n<p>Either way, it is my understanding&#8211;and I want to know a lot more about this&#8211;that ABATE launched an advertising campaign to the tune of about $45,000 and apparently was not very successful. I&#8217;m an active member. I go to meetings. I have never heard about this ad campaign. I want to know what it was for, what it entailed, what the results were, and who made the decision to do it, and why.<\/p>\n<p>And then this expense apparently led to a need to take out a loan just to meet expenses. And ABATE apparently didn&#8217;t have the credit standing to qualify for a bank loan so Terry personally signed or co-signed for it. How did we fall so far so quickly? Why was this loan even necessary?<\/p>\n<p>And after that came another loan, I guess intended to cover the first one. Who made that decision? What discussion went into that? And this is the one that is killing ABATE. I saw <a href=\"http:\/\/www.businessweek.com\/articles\/2014-11-13\/ondeck-ipo-shady-brokers-add-risk-in-high-interest-loans#r=search_result\" target=\"_blank\">an article about exactly this<\/a> kind of loan-sharking in the Nov. 17-23, 2014, issue of <em>Bloomberg Businessweek<\/em> magazine. Discussing this field of finance, the magazine says, &#8220;It&#8217;s a high-risk market, and interest rates can exceed 500 percent a year.&#8221;<\/p>\n<p>And they quote someone who lost her company because of falling for this loan come-on: &#8220;It&#8217;s the worst possible decision you can ever make, because they own you. It&#8217;s crack for a business. You can&#8217;t get off it.&#8221;<\/p>\n<p>I repeat: how did we ever get to this point? I want details and I want names. Not to blame and point fingers, but if the same people who made these decisions are calling the shots today then I&#8217;m going to have some serious issues about trust. And I know I&#8217;m not the only one. I was all prepared to write a check to do my part to help bail the organization out but when I started learning about all this I put down my check book. I&#8217;m going to need answers before I reach for that check book again.<\/p>\n<h3>Biker Quote for Today<\/h3>\n<p>I know there&#8217;s money in motocross. I put it there!<\/p>\n","protected":false},"excerpt":{"rendered":"<p>I spoke to people from the Denver Police Fraud Unit and the Denver District Court Wednesday and got a few things clarified regarding the charge against former ABATE of Colorado State Coordinator Terry Howard. She definitely has been charged, but only on one count of theft. I had been told previously, and reported with caveats, [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[225],"tags":[221,638],"class_list":["post-5644","post","type-post","status-publish","format-standard","hentry","category-abate","tag-abate-of-colorado","tag-terry-howard"],"_links":{"self":[{"href":"http:\/\/motorcyclecolorado.com\/blog\/wp-json\/wp\/v2\/posts\/5644","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/motorcyclecolorado.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/motorcyclecolorado.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/motorcyclecolorado.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/motorcyclecolorado.com\/blog\/wp-json\/wp\/v2\/comments?post=5644"}],"version-history":[{"count":11,"href":"http:\/\/motorcyclecolorado.com\/blog\/wp-json\/wp\/v2\/posts\/5644\/revisions"}],"predecessor-version":[{"id":5673,"href":"http:\/\/motorcyclecolorado.com\/blog\/wp-json\/wp\/v2\/posts\/5644\/revisions\/5673"}],"wp:attachment":[{"href":"http:\/\/motorcyclecolorado.com\/blog\/wp-json\/wp\/v2\/media?parent=5644"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/motorcyclecolorado.com\/blog\/wp-json\/wp\/v2\/categories?post=5644"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/motorcyclecolorado.com\/blog\/wp-json\/wp\/v2\/tags?post=5644"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}