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The IRS is investigating Bell finances

Jul 27, 2011 2:01:29 AM- latimes.com
The agency is examining workers' compensation settlements and disability retirements given to employees by the city's former chief executive, as well as the handling of bonds.

The Internal Revenue Service has opened an investigation into the handling of bonds and employee compensation packages in the financially struggling city of Bell, according to sources familiar with the ongoing probe.

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