June 18, 2024 at 07:49PM
Former IT director Ronald Simpson of St Peters, Missouri, pleaded guilty to wire fraud for defrauding his university employer and a computer equipment supplier of $2.1 million over five years. He faces up to 20 years in prison and a $250,000 fine. Simpson’s scheme involved falsely purchasing and selling IT equipment for personal gain.
The meeting notes provide a detailed account of the guilty plea of a former IT director, Ronald Simpson, who defrauded the university and a computer equipment supplier for $2.1 million over five years. The fraud involved submitting false requests for equipment purchases, using the university’s money to buy the equipment and then selling it to a third party vendor, all while personally profiting from the scheme. Simpson is facing sentencing in September, with a possible sentence of up to 20 years in prison, a $250,000 fine, or both. The FBI investigated the case, and it’s confirmed that Webster University is the institution involved. The university expressed its commitment to seeing the matter addressed through the justice system.