People spending other people’s money just can’t seem to stop themselves from buying videogames.
NewsOK carries the story of 44-year old Cynthia Low, a former Senior Financial Assistant in Oklahoma State University's chemistry department, who apparently used school funds to procure Nintendo Wii games, women’s undergarments, jewelry and a variety of sex toys.
Low left her position after hints of impropriety, but it appears tax payers may be on the hook for the tens of thousands in illicit purchases, as OSU officials said they had no choice but to pay the bills for the items.
In her position Low routinely purchased laboratory and office supplies adding up to over $10,000 per month. OSU said that it is investigating the matter and that it would not “tolerate this type of action.”




Comments
Re: OSU Buyer Allegedly Dropped Funds on Sex Toys, ...
Wii Games, sex toys, and lingerie?...at least Cynthia Low sounds like a fun date.
Re: OSU Buyer Allegedly Dropped Funds on Sex Toys, ...
Re: OSU Buyer Allegedly Dropped Funds on Sex Toys, ...
"In her position Low routinely purchased laboratory and office supplies adding up to over $10,000 per month. OSU said that it is investigating the matter and that it would not “tolerate this type of action.”"
Putting those two sentences back-to-back is a bit misleading; the article states that the $10,000 per month on lab equipment was legitimate. That's probably how she managed to get away with tacking on personal purchases; $50 here or there can easily go unnoticed if you're already spending $10,000. Looks like she was ripping them off for about 6 months before they canned her. If she'd managed to keep her purchases small, she probably could have gotten away with it indefinitely -- but as Kojiro pointed out, she was clearly a spending addict; if she had the discipline to keep her purchases small, she wouldn't have been defrauding her employer in the first place.
Re: OSU Buyer Allegedly Dropped Funds on Sex Toys, ...
Sounds like she had a spending problem. From the article:
Many of the questionable transactions on Low's university credit card began about nine months after she and her husband emerged from personal bankruptcy, records show.
The couple filed for Chapter 7 bankruptcy in June 2008, listing $158,732 in debt.
More than $18,000 of that debt was to credit card companies, bankruptcy records show.