OIG Investigative Reports, Ex-Financial Aid Director of Manhattan College Pleads Guilty to Defrauding Department of Education Skip to main contentAbout UsContact UsFAQs Language Assistance Englishespañol中文: 繁體版Việt-ngữ한국어TagalogРусский U.S. Department of Education Search for: Toggle navigation U.S. Department of Education Student Loans Grants Laws Data About ED OFFICES Home Reports & Resources Programs/Initiatives News Office Contacts Investigative Reports FOR IMMEDIATE RELEASE: New York Thursday, February 28, 2002 For Information Contact: U.S. ATTORNEY'S OFFICE MARVIN SMILON, HERBERT HADAD PUBLIC INFORMATION OFFICE (212) 637-2600 (718) 422-1870 JONATHAN LEIKEN (914) 993-1914 EX-FINANCIAL AID DIRECTOR OF MANHATTAN COLLEGE PLEADS GUILTY TO DEFRAUDING DEPARTMENT OF EDUCATION JAMES B. COMEY, the United States Attorney for the Southern District of New York, announced that RAYMOND B. KRULL pled guilty in White Plains federal court today to a one-count felony charging him with defrauding the Department of Education out of more than $200,000. KRULL admitted in a court proceeding before Magistrate Judge GEORGE A. YANTHIS that, while he was the Financial Aid Director for Manhattan College in the Bronx, he completed a series of fraudulent federal student loan applications in his own name and received in excess of $200,000 to which he was not entitled. KRULL faces a maximum sentence of five years in prison when he is sentenced before United States District Judge CHARLES BRIEANT on July 23, 2002. Under the terms of his plea agreement with the Government, KRULL must pay restitution in the amount of approximately $203,0000. KRULL was released on a $50,000 personal recognizance bond. KRULL now lives in Nashville, Tennessee. Mr. COMEY stated: This is an important conviction, both because it involves a striking abuse of trust and because the money stolen was intended for deserving college students Mr. COMEY praised the investigative efforts and assistance of the Department of Education, Office of the Inspector General, and the FBI. Assistant United States Attorney JONATHAN LEIKEN is in charge of the prosecution. Top Printable view Share this page Last Modified: 03/03/2005 How Do I Find... Student loans, forgiveness College accreditation No Child Left Behind FERPA FAFSA 1098-E Tax Form 2015 Budget Proposal More > Information About... Transforming Teaching Family and Community Engagement Early Learning K-12 Reforms More > Connect Facebook Twitter YouTube Email RSS Google+ More > MISUSED FOIA OIG Fraud Hotline Our mission is to promote student achievement and preparation for global competitiveness by fostering educational excellence and ensuring equal access. Student Loans Repaying Loans Defaulted Loans Loan Forgiveness Loan Servicers Grants & Programs Apply for Pell Grants Grants Forecast Open Grant Competitions Find Grant Programs by Eligibility Laws & Guidance No Child Left Behind FERPA Civil Rights Data & Research Education Statistics Postsecondary Education Data State Education Data Nation's Report Card What Works Clearinghouse About Us Contact Us ED Offices Jobs News FAQs Budget, Performance Notices FOIAPrivacySecurityInformation qualityInspector GeneralWhitehouse.govUSA.govBenefits.govRegulations.gov
Former Financial Aid Director for Manhattan College pleads guilty to defrauding Department of Education. New York, NY, April 23, 2002
Published by the Department of Education, Office of Inspector General on 2002-04-23.
Below is a raw (and likely hideous) rendition of the original report.