Willliam Luther "W.L." Langston, 66, former Director of the Fire College in Tuscaloosa, was sentenced yesterday to 125 months in prison and ordered to pay $1.4 million in restitution to the State of Alabama after his conviction for stealing from the College. In June, Langston was found guilty of 36 counts of theft, conspiracy, mail and wire fraud, and money laundering. He used us position to misappropriate nearly $1.5 million from the college to benefit himself, his family and his friends, according to reports. Langston attempting to show some remorse is quoted as saying, "I would like to say I am deeply sorry for any wrongs I have done. My efforts at the Fire College were a labor of love."Read the story here.
Educational institutions are also susceptible to fraud and theft due to a relatively less effective business controls.
1 comment:
Very interesting, who would have thought that this could happen in this day and age.
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