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By Pejman Yousefzadeh Posted in Miscellanea | The Shenanigans Of Air America — Comments (2) / Email this page » / Leave a comment »

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The mystery man behind the looting of a Bronx charity to finance the startup of liberal radio network Air America was arrested yesterday in Guam.

Evan Montvel-Cohen was picked up by border-patrol officers at Guam International Airport on an outstanding warrant from Hawaii. He had been indicted there last month for money laundering and the theft of more than $60,000 from a Honolulu landscaping firm, prosecutors said.

[. . .]

It was Montvel-Cohen who, as development director for Gloria Wise, convinced other club officials in 2003 and 2004 to give $875,000 of taxpayer money to the radio network where he was a top executive and co-founder.

He also received loans from the club of more than $45,000 that were never repaid.

Montvel-Cohen, 43, was never charged here, but two other directors at Gloria Wise pleaded guilty to misappropriating $1.2 million, some of which was used for personal expenses for club officials, including cars and home renovations.

Key passage:

The $875,000 was repaid by Air America only after DOI launched a wide-ranging probe into the transfer of city and state funds meant to help children and the elderly in the northeast Bronx.