South Dakota fraud: From territorial days to anti-corruption laws
State's struggle with financial oversight goes back to the late 1800s
South Dakota's struggle with financial oversight spans generations, from territorial-era embezzlement to modern credit card controversies.
It has prompted new legislation strengthening accountability in the $7.3 billion state government.
The pattern began with the 1870s "Indian Ring" scandal when contractors and officials embezzled funds meant for Native Americans. State Treasurer W.W. Taylor continued the tradition in 1895, fleeing to Mexico with $367,020 — nearly 20% of the state's budget.
Keep reading with a 7-day free trial
Subscribe to The Dakota Scout to keep reading this post and get 7 days of free access to the full post archives.