By the Numbers
After a state audit of the University of South Florida found that the school suffered from “lax control” over its money, Richard Schreck, the director of the school’s English Language Institute, sniffed around his own offices. He found checks tucked into desks, under books, into office machines. In all, $226,381 worth, some dated as long as 10 years ago, which obviously can no longer be cashed. He also found cash: at least $32,000. “The full extent of the financial damage to ELI may never fully be known,” university officials say. Schreck, who worked for the university for a little over a year, was fired. The state audit found that departments throughout the university tended to be late in depositing checks. (Tampa Tribune) ...After Schreck’s experience, you can be sure no other department heads will come forward. Good job.
Available in This is True: Book Collection Vol. 12