Kwanzaa Fest founder under financial scrutiny

VIDEO - A nonprofit festival founded by Dallas County Commissioner John Wiley Price took in more than $1 million in 2009, but the group's tax return did not disclose where most of the money went...

By Scott Gordon
NBC DFW

A nonprofit festival founded by Dallas County Commissioner John Wiley Price took in more than $1 million in 2009, but the group’s tax return did not disclose where most of the money went. FBI agents raided the offices and homes of Price and two of his top aides on Monday.

WATCH THE ONGOING INVESTIGATION HERE
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The FBI has not commented on the focus of its investigation into Price. But a federal grand jury asked for detailed financial information on the event, called Kwanzaa Fest, “months ago,” Price’s attorney said Tuesday.

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The attorney, Billy Ravkind, said he turned over the information but couldn’t remember if it was subpoenaed or simply requested. A copy of Kwanzaafest’s 2009 tax return — the last year publicly available — shows the event brought in $1,047,764.

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