Saturday, May 07, 2005

43 Million Fraud by Student at NYU

http://www.nydailynews.com/front/story/307292p-262882c.html

A Turkish Student at NYU set up a check/cheque scam by depositing counterfeit "certified" checks in two banks, one in the United States and another in Switzerland. Interestingly enough, he made a $21 million donation to NYU. NYU has agreed to pay back the $1.25 million already given to them in this scam.

Undoubtedly, he will continue his education, but it will probably be behind bars!

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