Dec 4, 2014
Oct 30, 2014
Oct 2, 2014
Sep 25, 2014
Once trusted, former SNHU budget director now in jail for theft
Raymond Prouty waits for his case to be called Tuesday in Merrimack County Superior Court. (PAT GROSSMITH/?UNION LEADER)
"It just started and escalated. It's not like I have a million in the bank," Ward said Prouty told investigators.
Prouty, of Hooksett, also arranged for another niece to receive $73,805 in unauthorized SNHU scholarships. Ward said after the hearing that none of Prouty's relatives were aware of what he was doing; none will be required to make reimbursement.
Ward said from May 2004 through May 2012, Prouty also stole $95,091.03 from three Hooksett Kiwanis organizations. He was treasurer at the time and would keep money taken in as cash.
An insurance company has already reimbursed the university $500,000. Prouty made his first restitution payment — $125,000 — Tuesday and is to pay $100,000 annually to SNHU until the debt is repaid. As a backup, he named the university the beneficiary of a $1 million life insurance policy.
READER COMMENTS: 0
- In Gorham, landlord saw a change in kidnap suspect - 0
- Family of abduction survivor Elizabeth Smart offers hope in wake of Conway teen's ordeal - 1
- Feds step up protection against sexual violence - 0
- 2 more arrested over alleged drug dealer robbery in Exeter - 0
- State seeks to address handling of campus assaults - 0
- Update: Londonderry search of shooting victim's home has concluded - 0
- N.Y. man sentenced in sex assault of NH child in 1988 - 0
- Hearing ordered in 1971 murder - 0
- Police investigating bank robbery in Nashua - 0
READER COMMENTS: 0
- Dave D'Onfrio's Patriots Notebook: Finding a way to win - 0
- Sam Asano's Let's Invent: NoNose gets readers talking like nobody's business - 0
- Know the Law: Your trust can be named beneficiary of an IRA - 0
- Another View -- Bill O'Brien: Ask your state rep. to vote for transparency in the House - 0
- Old friends and a 'homeless angel' make for good stories anytime - 0
- Clooney gets it: Sony attack was not a 'crime' - 1
- New coats warm city kids, firefighters' hearts - 0
- NHIAA Roundup: Martin, Pinkerton top Salem in tournament - 0
- Inmate reported missing from Concord transitional unit - 0
The Sony hack: Kim's judgment of Obama
Tensions boil over after NYC police killings
- Whom do you think bears the brunt of the blame for the mayhem this weekend in Keene?
- KSC students
- KSC administration
- Visitors from out of town
- A combination of any/all of the above
- Total Votes: 2483