News for People Who Like Bad News

Palmer Social Club and principal manager Michael Weiss have been indicted by a federal grand jury. The club, a tax-exempt nonprofit has been accused of  under reporting its gross receipts and Weiss has been charged with preparing false financial statements.

Michael Weiss along with his brother Billy, own Woody’s, Voyeur (formerly Pure) and sold Bump in 2009.

The Metro wonders if drug kingpin Alton “Ace Capone” Coles Palmer Club shindigs could have gotten the investigation started.

Did drug lord set off club’s trouble? [Metro Philadelphia]