A former administrator of the school of professional services at the City University of New York has been charged with allegedly embezzling an undisclosed amount from the university while he was employed there. The 43-year-old man was taken into custody in Los Angeles on April 7.
According to the New York State inspector general, the charges include bank fraud, embezzlement and misappropriation. If he is convicted of the offenses, he may face up to 30 years in prison. Authorities allege that between 2007 and 2012 while the man was working for the university, he set up a series of bank accounts into which he funneled money. He then allegedly embezzled tens of thousands of dollars to use for his own personal needs.
The man’s job at the university was working as the director of fiscal and business operations for the school of professional services. Part of his job involved overseeing the bank accounts of the school. He was reportedly placed on administrative leave before resigning in 2013 after an audit reportedly uncovered a secret account.
When people are convicted of embezzlement, they may face years in prison along with substantial fines, and they will likely be required to make restitution as well. It may be a good idea for them to contact criminal defense lawyers who are experienced in handling these types of cases as soon as they discover that they are being investigated. Attorneys may be able to resolve their clients’ matters without criminal charges being filed. If their clients are charged, they may work to build strong defenses and seek to obtain a favorable outcome.
Source: NBC New York, “Former top CUNY official accused of embezzling thousands from school tuition funds“, April 7, 2017