Former Yale employee admits to stealing $40 million from Ivy League university in secret scheme
Fox News
A former Yale University School of Medicine employee pleaded guilty to fraud and other tax crimes in relation to the theft of $40 million in computer and electronic hardware, according to the U.S. Attorney's Office for the District of Connecticut.
Through her job at Yale University, Petrone was allowed to make and authorize purchases for her department that were below $10,000. She began the scheme in 2013, and ordered or caused other people to order millions of dollars worth of electronics from university vendors, and used university funds to make those purchases, according to the Department of Justice.
Petrone was the director of finance and administration for the department of emergency medicine at the Yale University School of Medicine.
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