The Argus Leader breaks this huge story tonight regarding the Hildebrand-Tewes Consulting firm:
An employee of Hildebrand Tewes Consulting Inc., a prominent South Dakota political consulting firm whose clients include presidential candidate Barack Obama, has been fired after more than $100,000 was discovered missing, according to a partner in the firm.
...
The employee was fired after officials at the firm were notified by the Internal Revenue Service that payroll taxes that should have been deducted from employee paychecks had not been received.
Speculation has run wild at SDWC, with commentators thinking that the culprit is Chad Schult, backing their argument with his recent absence and removal from the Hildebrand-Tewes website. I wouldn't be so quick to assume since we don't know all the details yet. We'll wait for the morning to see what new information the Argus reports.
UPDATE: No new information in the Argus this morning. I've taken out the word "embezzle" because that may not be entirely accurate. The Argus only reported the money went missing, and whether that means embezzlement or something else is unclear.
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