Sunday, November 6, 2011

Former Dartmouth College Auditor Accused Of Embezzling "Hundreds Of Thousands" From Local Non-Profits Over 25 Year Period

Bruce McAllister, 78, of Thetford, Vermont, has been charged with embezzling "hundreds of thousands" of dollars from several non-profit organizations in New Hampshire and Vermont for which he had served as bookkeeper.  McAllister is a former auditor at Dartmouth College the prestigious Ivy League institution in Hanover, New Hampshire.  According to authorities, over a period of 25 years, from 1985 to 2010, McAllister siphoned funds from non-profits that included the Alpha Theta House, a co-ed fraternity at Dartmouth College and the Meccawe Club, a private trout fishing club.  McAllister and his wife Judith McAllister, have been named in civil actions by the fraternity and the fishing club to recover funds, according to reports.

Read the story here and here.

This one hits close to home as Dartmouth is my alma mater and I had friends in Alpha Theta.  I hope the College does a full audit of McAllister's last 5 years there.


Anonymous said...

May be difficult to audit stuff that far back.

Anonymous said...

McAllister previously worked as an auditor for Dartmouth College but is not suspected of embezzling money from the College, according to Director of Media Relations for the College Justin Anderson. “To the best of my knowledge, there is no evidence of any fraud at this point,” Anderson said.