Friday, May 17, 2013

Former Dental Professor In Virginia Pleads Guilty To Embezzling More Than $137K

From the Times-Dispatch on 5.16.13:

A retired Virginia Commonwealth University dental professor almost got away with stealing more than $100,000 from the VCU Dental Faculty Practice Association, authorities said.

But James E. Hardigan was undone by a measly 63 cents that was left in an account from which he had taken a large sum of money, according to Richmond prosecutor John Jung.

Hardigan, 69, pleaded guilty Thursday in Richmond Circuit Court to felony embezzlement of $137,553.

...

In 1995, Hardigan opened an investment account with $500,000 under the association’s name, using money that belonged to the association, Jung said.

In 2004, Hardigan retired from VCU, Jung said. The following year, he moved $137,553 from the account that had been opened in the association’s name into a personal account, Jung said.

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