Cindy Tappe, former finance director for NYU's Metropolitan Center for Research on Equity and Transformation of Schools, pleaded guilty to stealing millions.
An academic equity official has pleaded guilty to embezzling millions from New York University and using the money for personal expenses and an $80,000 pool at her luxe Connecticut home from funds that were supposed to go to women and minority businesses. Cindy Tappe, 57, pleaded guilty Monday, according to Manhattan prosecutors. After stealing the funds, she landed a new job as operations director at the Yale School of Medicine. The Ivy League school fired her after the charges became public.
"NYU immediately furnished our auditors' findings to the State Department of Education and the State Comptroller's office and has cooperated fully with investigators since then." WHAT QUESTIONS SHOULD PARENTS ASK POTENTIAL COLLEGES? The money came from a $23 million pot of state grant money that was supposed to go to programs for bilingual and special education students.
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