Kent State athletics must be majorly pissed with the student journalist who discovered that a guy about to donate a million dollars to the program stole from his investors. Of course KSU already knew the guy was a scam artist, but didn’t care, since money is money and fuck the university’s reputation. KSU’s athletic director explained to the student reporter that the donor’s run-in with the SEC “was 12 years ago, and it was fully litigated and he abided by the letter of the litigation.” If, after paying his multimillion dollar penalty, this guy still had enough investor money left over to assist KSU in its basketball ambitions, what the hell? Where’s the problem?
Well, turns out the guy rescinded the gift. The guy got offended.
Poor KSU! All ready, arms outstretched, to take the leftover fraud bucks, and here comes this student journalist digging up ancient history and offending the donor! Maybe they can approach Bernie Madoff.
January 14th, 2012 at 1:00PM
Whew! It wasn’t a school in the South this time.