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Former New York University finance director charged with $3.4 mln fraud
NEW YORK, Dec 19 (Reuters) – A previous director of finance at New York College was indicted on Monday for what prosecutors explained as the defrauding of the college to divert about $3.4 million meant to fund minority- and women-owned enterprises. Cindy Tappe is accused of diverting the funds into bank accounts by using two shell companies she had developed and utilizing at least $660,000 of the money to renovate her Connecticut property and other personalized fees, like an $80,000 swimming pool. She drafted wrong invoices for three subcontractors to submit in buy to divert the cash, and the subcontractors took among 3{9f99fe44fce1aa3c813d0a0ce4da2fbea8a5a58e9d85c4a2927dd8140cb676b5} and 6{9f99fe44fce1aa3c813d0a0ce4da2fbea8a5a58e9d85c4a2927dd8140cb676b5} without having carrying out any…


