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Beverly man charged with stealing $2.7 million from city of Boston

The city hired Stephen Colahan in 1995 to go after people delinquent on their auto-excise taxes. A Suffolk Superior Court grand jury today indicted him on charges he did a great job collecting the money but, oopsies, after 2001 or so, he simply started keeping a lot of the money. Allegedly, of course.

Innocent, etc.

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As punishment for this crime, the mayor demanded more wage freezes from honest city employees.

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Why didn't the City have an account similar to that of the Lottery? These accounts are set up by the state. Then the vendor deposits the money in the account. The vendor cannot touch the money once it's deposited. Way to go, Menino.

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