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Ex-NYU Exec Pleads Guilty to Stealing Millions Meant for Minority Communities

Getty Images/Spencer PlattA former director of finance at New York University pleaded guilty Monday to charges she defrauded the university out of $3.4 million that was meant to fund businesses in the city owned by women and minority groups.Cindy Tappe, 57, struck a plea deal with prosecutors Monday that will allow her to avoid time behind bars, Manhattan District Attorney Alvin Bragg announced. Instead, she’ll be forced to pay back $663,209 in restitution and spend five years on probation.Tappe

Former NYU finance director pleads guilty to $3 million fraud scheme – Winnipeg Free Press

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