NYU Finance Director Charged With $3 Mil Embezzlement
Cindy Tappe has been accused of using fraudulent invoices to direct education grants intended to support minority and women-owned businesses to her own shell companies.
A former finance director at the NYU Metro Center has been indicted for allegedly embezzling over $3 million dollars in state education grants intended to support minority and women-owned businesses, Jake Offenhartz reports for the Gothamist.
Cindy Tappe has been accused of using fraudulent invoices to direct taxpayer money to her own shell companies. On Monday, Tappe pleaded not guilty to charges of money laundering, grand larceny, offering a false instrument for filing and falsifying business records.