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Pretty much everyone steals; but since this blog has a special interest in universities, we’ve always focused on how people steal from universities.

Certainly we’ve learned, after many years, that med schools, engineering departments, and above all bigtime sports programs, are fraud central; but, more recently, IT managers are, fraudwise, really sitting pretty.

Yale thought it was being clever when it imposed a $10,000 upper limit on med school computer-related purchases signed off by only one person, but Finance Director Jamie Petrone-Codrington was all over that one. With patient stealth, for more than ten years, she racked up charges, gave the equipment to someone who fenced it, and stole 30 million dollars.

Where the fuck were Yale’s auditors? Damned if I know.

Same deal, more or less, at today’s hapless ripped off institution. “After receiving approval to purchase hundreds of items of IT equipment by falsely claiming the equipment would be used or installed at university locations,” Webster University’s IT director “sold that equipment to a third-party.”

Margaret Soltan, June 19, 2024 12:54PM
Posted in: merchandise

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