Kentucky Woman Accused Of Embezzling $450K From University

Alisha Ward, 42, of Louisville, Kentucky has been accused of embezzling more than $450,000 from the University of Louisville where she had been employed as the director of the Equine Industry Program.  According to reports, Ward wrote checks to herself and made fraudulent charges on her boss's credit card to pay for personal items, including a motorcycle and lingerie.  The university has fired her upon revelation of the allegations.

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Update (7/10/12): Ward, who pleaded guilty last April to embezzling $463,636 from the University of Louisville Equine Industry Program, was sentenced to 37 months in prison and ordered to pay $461,889 in restitution.