High Yellow.
Posted on 09/07/2021 8:15:47 PM PDT by blueplum
It was nice work if you could get it. And one woman allegedly got it.
A former Yale University Medical School employee has been charged with fraud and money laundering for allegedly stealing $31 million worth of computer equipment over more than a decade, then reselling it....
...While acquisition was part of her job, reselling the equipment was not. Pedrone-Codrington in 2013 “engaged in a scheme whereby she ordered, or caused others working for her, to order millions of dollars of computer hardware from Yale vendors using Yale Med funds and arranged to ship the stolen hardware to an out-of-state business...
(Excerpt) Read more at nydailynews.com ...
I wonder how her scheme was finally discovered.
High Yellow.
Looks like YALE is due for a complete auditing of it’s spending accounts. In fact, they are well overdue.
Nobody else noticed anything?
That makes me wonder if more YALE employees may have been on the take.
I wonder if they are going to use this as a case study in their business school.
What does high yellow mean? Like a coward?
Along with the Risky Business venture.
Skin color, like the proverbial kraft paper bag standard.
Oh. Racist crpp. Good grief.
You gotta wonder how $3 million worth of computer hardware was never missed, every year for a decade. That’s a TON of workstations, servers and who knows what else - a couple of classrooms full. Nobody did an inventory? Or was her position at the school such that no one could stand up to her and demand one?
When your bookkeeper never takes a vacation, watch out.
Not the library or basketweaving class, but the med dept. That’s just rude.
No need to worry about ‘leaky’ accounting, since they’re insulated from the laws of supply and demand.
Most likely because it was not enough, she thought she was smarter than everyone because she had never been caught so she kept the scam going.
That’s how most of them get caught. There was that City Clerk in in Illinois who stole $50+ million to support her horse breeding operations.
There was a local family farm operation here in eastern Washington that just got caught in November last year for selling Tyson foods $240 million in fake cattle. He used it to cover his commodity trading losses.
man- those commodore computers musta really paid off!
Typically, only profit making businesses discover leaks. Somebody asks why are we making so little money, how can we cut expenses, and they go through everything they’re spending.
If you’re a non-profit, the goal of each department is to spend as much as possible - the bigger you are, the more important you are.
Maybe someone else wanted a bigger piece of the action, and wasn’t getting it. 😀
Roger Stone is surprised.
The big guy always gets his cut, or else...
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