NYU director accused of stealing funds meant for women and minority business owners

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In a statement on Monday, Manhattan District Attorney Alvin Bragg said the scheme “negatively impacted our city's minority- and women-owned business enterprises by denying them the chance to fairly compete for and secure the funding.” She allegedly arranged for three companies – Rice Fowler & Associates, Ltd; Wei Wei & Co LLP; and PC Liu – to receive the “overwhelming majority” of contracts set aside under state law for certified women- and minority-owned businesses.

“We are deeply disappointed that an employee abused the trust we placed in her in this way, and we are pleased to have been able to assist in stopping this misdirection of taxpayer money," NYU spokesperson John Beckman said in a statement.

My alma mater .

Awful

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