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

Related Keywords

Manhattan , New York , United States , New York University , Connecticut , Westport , John Beckman , Cindy Tappe , Alvin Bragg , Metro Center , Research On Equity , Associated Press , York University , Manhattan District Attorney Alvin Bragg , Director Of Finance , Women Owned Business ,