OIG Investigative Reports New York, December 09, 2010 - Manhattan U.S. Attorney Charges Former Iona College Vice President of Finance with Embezzlement of Over $1.2 Million (HTML) 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 Investigation Report United States Attorney Southern District of New York FOR IMMEDIATE RELEASE DECEMBER 9, 2010 CONTACT: U.S. ATTORNEYS OFFICE ELLEN DAVIS, EDELI RIVERA, JESSIE ERWIN PUBLIC INFORMATION OFFICE (212) 637-2600 DOE OIG CATHERINE GRANT PUBLIC INFORMATION OFFICE 202- 245-7023 Manhattan U.S. Attorney Charges Former Iona College Vice President of Finance with Embezzlement of Over $1.2 Million PREET BHARARA, the United States Attorney for theSouthern District of New York, and BRIAN HICKEY, the SpecialAgent-in-Charge of the Northeast Region of the U.S. Department ofEducation, Office of the Inspector General, announced today thearrest of MARIE E. THORNTON, the former Vice President of Financefor Iona College, on charges of embezzling more than $1.2 millionfrom Iona College over the course of a ten-year time period.THORNTON surrendered this morning and was presented in Manhattanfederal court today. As alleged in the Information filed in Manhattanfederal court: From about 1999 to about May 2009, THORNTON caused morethan $1.2 million belonging to Iona College to be diverted to herpersonal use by, among other things, submitting false vendorinvoices for reimbursement to Iona College and submitting creditcard bills for personal expenses to be paid by Iona College. Mr. BHARARA praised the investigative work of the U.S.Department of Education, Office of Inspector General. The case is being prosecuted by the Office’s PublicCorruption Unit. Assistant U.S. Attorney CARRIE H. COHEN is incharge of the prosecution. The charges in the Information are merely accusations,and the defendant is presumed innocent unless and until provenguilty. 10-386 ### Top Printable view Last Modified: 02/17/2011 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
Manhattan U.S. Attorney Charges Former Iona College Vice President of Finance with Embezzlement of Over $1.2 Million. New York, NY., 12/09/2010
Published by the Department of Education, Office of Inspector General on 2010-12-09.
Below is a raw (and likely hideous) rendition of the original report.