Tuesday, March 29, 2022

A Yale administrator stole $40 million over several years and used it to buy a fleet of luxury cars and multiple properties

Market Watch:

she was able to authorize equipment purchases without additional approvals as long as the orders were below $10,000


[she] began making numerous small orders of tablet computers and other equipment that were billed to the school. She would then sell them to a business in New York state

Yale Daily News:

Yale received an anonymous tip that [she] was “ordering suspiciously high volumes of computer equipment, some of which was placed into her personal vehicle.”