Saturday, December 11, 2010

Nun accused of embezzling from college

http://www.foxnews.com/us/2010/12/10/nun-accused-embezzling-ny-college/
Nun accused of embezzling $850,000 from NY college

Published December 10, 2010
| Associated Press
Print Email Share Comments (5) Text Size NEW ROCHELLE, N.Y. – A Catholic nun who ran a suburban New York City college's finances embezzled more than $850,000 and spent it on herself, federal prosecutors said Friday. The U.S. attorney in Manhattan said Sister Marie Thornton used Iona College funds for her personal expenses from 1999 to 2009. As vice president of finance, she submitted false invoices and had Iona pay her credit card bills, the complaint said. It did not detail her expenses.

Thornton, 62, was arrested Thursday and pleaded not guilty in federal court in Manhattan. She was allowed to remain free. Her attorney, Sanford Talkin, said Friday, "I expect us to reach a resolution that all sides will think is fair."

Thornton's religious order, the Sisters of St. Joseph, said Thornton had been recalled and her activities had been restricted. It said she has been ordered to cooperate with investigators and is being given "emotional and spiritual support."

Iona reported a theft last year but did not publicly identify a suspect.

In a statement Friday, still not naming Thornton, the college said, "When it was discovered that the funds had been misappropriated, we took immediate action to terminate the employee."

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