Former Yale administrator stole $40 million, pretending to buy computer equipment for the university. Instead, she bought a fleet of luxury cars, and four houses – MarketWatch – Weirdness Wednesdays March 30, 2022

Here’s an unusual post for this week’s Weirdness Wednesday post: Former Yale administrator stole $40 million, pretending to buy computer equipment for the university. Instead, she bought a fleet of luxury cars, and four houses: https://www.marketwatch.com/story/former-yale-administrator-stole-40-million-pretending-to-buy-computer-equipment-for-the-university-instead-she-bought-a-fleet-of-luxury-cars-and-three-houses-11648578254/. Longer article.

By Lukas I. Alpert March 29, 2022

Jamie Petrone estimated that 90% of all computer equipment orders she made for Yale’s medical school over eight years were bogus.

A former administrator at the Yale University School of Medicine has pleaded guilty to stealing $40 million from the school in a nearly decade-long computer and electronics purchasing fraud.

Federal prosecutors say Jamie Petrone, 42, used the money to buy a fleet of luxury cars including Mercedes, Land Rovers and Cadillac Escalades, numerous properties in several states and to pay for lavish trips.

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