Tax money that a former Pennsylvania borough tax collector is accused of using for stock market day trading to bolster his retirement savings is expected to be reimbursed by the former official's bonding company, said Delaware County District Attorney Jack Whelan. "I'm told that there would be no compromises to the children or residents of Aldan borough," Whelan said. The former tax collector is accused of taking $1.3 million in tax revenues. He resigned in November and later said that he had invested the tax receipts of the William Penn School District and Aldan borough, the district attorney said.
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