Thursday, February 27, 2014

Former Finance Exec For Southern New Hampshire University Sentenced For Embezzling $1.1 Million Over 14 Year Period

From the Boston Globe on 2/25/14:

The former budget director of Southern New Hampshire University was sentenced Tuesday to 7 ½ to 15 years in prison for stealing $1.1 million from the school over the course of 14 years.

Raymond Prouty, who had worked at the Manchester school for 34 years, pleaded guilty to two felony counts of theft by deception and theft by unauthorized taking. He did not comment at his sentencing hearing in Merrimack County Superior Court, but prosecutors said he gave no specific explanations for the thefts.
Read the story here.

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