INTERESTING: Nun embezzles $850k

http://www.catholicculture.org/news/headlines/index.cfm?storyid=9558

Nun pleads guilty to embezzling $850,000 from Catholic college
March 10, 2011

*** begin quote ***

Sister Marie Thornton, former vice president of finance at Iona College in New York, has pled guilty to embezzling $850,000 from the college between 1999 and 2009.

*** end quote ***

As a fat old white guy injineer, who has done a ton of IT architecture, Information Security, and Business Process Reengineering engagements, I’m always stunned by stories like these.

Where were the auditors? The Board of Directors? The leadership, and their managers, of Iona?

Absolutely stunning.

I don’t blame the Nun; I blame the people who allowed it to happen.

At the very least, they should consider a career change.

# # # # #

This entry was posted on Thursday, March 17th, 2011 at 06:37 and is filed under INTERESTING. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

Please leave a Reply