Media outlets, including the News & Observer, are reporting that embezzlement has been found at Durham’s NC Central University. NCCU’s audit is now in the hands of regulators.
NCCU has found that the former director of the Historically Minority Colleges and Universities Consortium, for which NCCU was a member and fiscal agent, funneled some of its funds into a personal bank account, according to a March 29 letter to state officials from NCCU Chancellor Charlie Nelms.
The case in question appears to be the one detailed in this News & Observer story from February.
