Ex-NYU Finance Director Accused of Stealing $3.4 Million Meant for Women, Minorities

  • 📰 thedailybeast
  • ⏱ Reading Time:
  • 22 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 63%

Australia News News

Australia Australia Latest News,Australia Australia Headlines

A former director of finance at New York University, Cindy Tappe, has been indicted on accusations she defrauded the university of $3.4 million that was supposed to fund women and minority-owned businesses.

The Manhattan District Attorney’s office has accused Tappe of using at least $600,000 in stolen money to renovate her home in Connecticut, dropping $80,000 on a swimming pool alone.

Dating back to 2012, Tappe had allegedly funneled the money using two shell companies, as well as by drafting false invoices for three subcontractors, who made between three to six percent without doing the work, the district attorney’s office said. The university discovered “suspicious activity” in 2018, leading Tappe to leave the school after being confronted, NYU spokesman John Beckman said in a statement.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 307. in AU
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

When you're not being overly watched and you get away with such things

She should be sentenced like she stole $3.4m worth of TVs from Wal-Mart.

Wtf

Australia Australia Latest News, Australia Australia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

NYU x Billboard | Music Industry EssentialsMusic Industry Essentials, an online course we built with NYUTischSchool CliveDavisInst & YellowbrickLrn, empowers you to build your skills in marketing, production, revenue streams, image development & more. Learn more at NYUxBillboard
Source: billboard - 🏆 112. / 63 Read more »