Former Morris Brown College Officials Charged with Fraud

Discussion in 'Accreditation Discussions (RA, DETC, state approva' started by Lerner, Mar 15, 2005.

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  1. Lerner

    Lerner Active Member

    Former Morris Brown College Officials Charged with Fraud
    The former president and financial aid director of Morris Brown College in Atlanta have been charged with fraud, reports The Washington Post.

    Dolores Cross, president from 1998 to 2002, and Parvesh Singh, her former director of financial aid, were named in a 34-count federal indictment. Allegedly, the two fraudulently obtained hundreds of federally insured loans and grants in the names of students who were not enrolled at the time and used the money to pay for consultants, business travel and other things in an effort to promote the college’s image.

    Financial mismanagement was one reason why Morris Brown lost its accreditation and access to federal funding last year. Prosecutors say the mismanagement has wrecked the school and also the finances of unsuspecting students who discovered years later that there were defaulted loans in their names. Enrollment at the college has dropped from nearly 3,000 to 150 students.

    Cross’s attorney could not be reached for this article. Singh’s lawyer said he had no knowledge that funds were going to ineligible students.

    If convicted, Cross and Singh will face two to five years in prison for each count of fraud and theft.


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    Article from The Washington Post
    http://www.washingtonpost.com/wp-dyn/articles/A53635-2004Dec9.html
     
  2. Bill Huffman

    Bill Huffman Active Member

    Enrollment dropped from 3000 to 150. Interesting, according to russ they should be racking in the money since they no longer have to pay for accreditation. Why do you think it isn't working out, russ?
     
  3. Tireman 44444

    Tireman 44444 Active Member

  4. Tireman 44444

    Tireman 44444 Active Member

  5. Bruce

    Bruce Moderator Staff Member

  6. Kizmet

    Kizmet Moderator Staff Member

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