State report: Waste. Fraud. Abuse. At N.C. college, 'no one' was looking
RALEIGH — State Auditor Beth Wood released a report Thursday detailing the failure of Roanoke-Chowan Community College’s leadership to notice that the school overpaid several employees for months and distributed millions of dollars in checks signed by people no longer employed by the school.
When those problems were discovered, the community college’s former interim president took months to address them, the auditor found.
After Wood’s office received 15 complaints about the school’s operation and management, it launched an investigation into allegations that detailed waste, fraud and abuse and found that the community college did not have a chief financial officer employed when some of the financial mismanagement occurred in 2019 and 2020.
Though a permanent president took office in May, the lack of oversight as the school experienced major changes could have led to much more severe financial problems.
Read more: https://greensboro.com/news/state-and-regional/state-report-waste-fraud-abuse-at-n-c-college-no-one-was-looking/article_d331ce1e-69e9-5e64-b03b-7a94b7f23f45.html