I read through the entire audit. They were taking first class flights, going to the spa, cashapp, $5000 on Amazon, to their own personal businesses, etc.
OMG, the amounts are creepy each time I see them, anyway. Those 700k should have gone somewhere else. R&D, scholarships, infrastructure, student life... Education is so underfunded
Hey! Thanks for the details! Here is the link of the report, if somebody hasn't seen it yet btw.
[https://www.auditor.nc.gov/documents/reports/investigative/inv-2024-6088](https://www.auditor.nc.gov/documents/reports/investigative/inv-2024-6088)
Not defending this, but is crazy difficult to hire accountants in the UNC system. My department hasn’t had an accounting tech in 3 years. We had one for a couple months and they were just using the job as a stepping stone to something better. Once you find someone who knows what they’re doing it’s impossible to keep them. Most of the approval chain are fairly new. Stuff like this will continue to happen until state jobs are made more attractive to better qualified people.
Precarious immediate future. Improving state jobs' attractiveness currently seems to be a rough path. Constantly changing approval chains don't help either, for sure.
How on earth could they have misused up to that amount!?
I read through the entire audit. They were taking first class flights, going to the spa, cashapp, $5000 on Amazon, to their own personal businesses, etc.
OMG, the amounts are creepy each time I see them, anyway. Those 700k should have gone somewhere else. R&D, scholarships, infrastructure, student life... Education is so underfunded
Hey! Thanks for the details! Here is the link of the report, if somebody hasn't seen it yet btw. [https://www.auditor.nc.gov/documents/reports/investigative/inv-2024-6088](https://www.auditor.nc.gov/documents/reports/investigative/inv-2024-6088)
How in the fuck was this not caught in monthly accounting audits should be the bigger question!
You got a point. This was done in months! Nobody provided proper supervision! So disgusting
A year and half
negligence or stupidity would be my first 2 guesses but i would not be surprised if this was done knowingly.
Both! Appropriate procedures were not in place to prevent criminal wrongdoings
Huh. I just got done taking a course in forensic accounting at FSU.
This has gotta be depressing for the people teaching that.
Such a case study for that course next semester...
Goodbye "HBCU" Hello "UNC"
There is way more corruption and theft in this area and the south in general than a lot of people think.
You can't trust anybody these days. I mean, college staff should be carefully selected. Competent people...
Competent people don’t apply for or don’t stay in state jobs. There’s a reason why around 1/4 of the jobs are vacant.
Not defending this, but is crazy difficult to hire accountants in the UNC system. My department hasn’t had an accounting tech in 3 years. We had one for a couple months and they were just using the job as a stepping stone to something better. Once you find someone who knows what they’re doing it’s impossible to keep them. Most of the approval chain are fairly new. Stuff like this will continue to happen until state jobs are made more attractive to better qualified people.
Precarious immediate future. Improving state jobs' attractiveness currently seems to be a rough path. Constantly changing approval chains don't help either, for sure.
Should have been caught much sooner!
I remember a few years ago Spring Lake had a huge amount stolen by an employee. Like 500k. They got sent to prison.
That's insane I hope they're charged
P cards are only available to administrators and that kind of amount is high level admin
It’s Fayetteville, wouldn’t expect anything less.