paul wrote:
Why, all of a sudden, was he accused of embezzling out of the blue, after years of developing the site and earning money through the store?
Coito ergo sum wrote:
Because it had only just started making money.
Well, actually the store was successful from its inception. It started doing well within a few months of going live and I believe hit a peak within about a year, speaking anecdotally--I never saw the balance sheet. It was the only place to buy Dawkins memorabilia, all of which Josh himself produced.
Coito ergo sum wrote:
And, the embezzlement is in part supposed to be that Timonen used company funds to pay personal expenses. That means that it would not be readily apparent to Dawkins that the money was being used by Timonen. The proper way to take funds from a company is to make an actual distribution - like a salary/wage, dividend to shareholder, or payment to an independent contractor. You don't just have the company pay your bills, especially if you're not the owner of the company.
I basically agree, one doesn't have the institution write a check for one's own personal expenditures--although it seems to work for Sarah Palin--and I implored Josh to segregate his from the company expenses, for fear of exactly this mess. While it seems disingenuous how the site indicated that all proceeds benefited the foundation, Josh's compensation was enmeshed with foundation-related expenditures. It was hard to tell where Josh's payment left off and the foundation's expenses started. He was paid from the store, but the foundation itself benefited in the form of video productions and other projects, which Josh funded out of his own checking account, producing at far below typical costs. He did a great deal of shooting and video editing on his own--a virtual "one man army," as he put it--and saved the foundation a lot of money over the years in question. If he did spend $950K, I'm sure the foundation got a good deal at that rate.