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Delaware River Waterfront Corporation – NBC10 Philadelphia


The Delaware River Waterfront Corp. selected Durst Organization, a New York real estate company, to develop Penn’s Landing and an adjacent site with a proposed $2.2 billion, 3.5-million-square-foot mixed-use project. In picking Durst, DRWC passed over the Philadelphia 76ers’ bid to build a new 18,500-seat arena at Penn’s Landing as part of a bigger development plan. NBC10’s Erin Coleman speaks. ....

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Feds: Philadelphia nonprofit paid for worker's gambling, vacations


DiPietro-Sabatine was the accounting administrator for DRWC, a quasi-government organization that works to develop and manage Philadelphia s central waterfront between Oregon and Allegheny avenues.
She allegedly submitted phony bills in the names of legitimate vendors, then generated DRWC checks to pay for the bogus expenses between at least 2013 and November 2019, the U.S. Attorney s Office said.
DiPietro-Sabatine manipulated software to make herself the payee on the checks and forged the required signatures of the DRWC s president and vice president, it added.
DiPietro-Sabatine deposited the checks in her own bank accounts and allegedly withdrew  at least $10,000 per month at casinos, and in many instances, made withdrawals in excess of $25,000, the complaint alleges. ....

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