Firm Says It Can_t Pay Money It Collected For Little Leagues

What an irritating situation we have here. Oh, boy. The Lion is going to be upset when she reads this one. Turns out that the company that handles credit-card processing for the Little Leagues, can’t turn over the money that parents paid through its system. What?? The money went toward operating expenses. But, rest assured, says the company, it didn’t steal the money. Right. And I look like George Clooney. From the Los Angeles Times:Terry Drayton, Count Me In’s founder and chief executive, expressed regret Tuesday for his clients’ anxiety but said he was in discussions with three possible investors to raise funds to pay back their money.He acknowledged that the company made mistakes but said all the missing funds went toward operating costs — primarily the computer software used by the company’s clients — and that none of it was stolen.”How did we get here? We made some errors with the lack of financial oversight,” Drayton said in a telephone interview. “At the end of the day this is my responsibility. I’m the CEO and my job is to fix it.”Criminal charges have not been filed (but they should be). Lawsuits, meanwhile, have been filed in several states. Hopefully the parents will do charge backs and get the money back. That’s about all they can do at this point.