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
- Merrimack teen allegedly held girl captive, assaulted her - 0
- Former Colonial Theatre finance director indicted - 0
- Troy welfare officer indicted for misusing town’s money - 0
- Man arrested for failing to register as sex offender - 0
- Two Keene men charged with burglary and assault - 0
- Shooting victim's spouse's car being searched - 0
- Altercation leads to suspect fleeing, threatening police - 0
- Crash ends high-speed chase in Lyndeborough - 0
- Good Samaritan pins Manchester purse snatcher - 0
READER COMMENTS: 0
- NHIAA Basketball: Memorial needs shootout to get by Bow - 0
- Man arrested after chase that led from Pelham to Lowell, Mass. - 0
- No shortage of post-holiday shoppers at local stores - 0
- West junior advising College Board on its entrance exams - 0
- Sullivan in the top running for state's Assistant Principal of the Year - 0
- Derry making progress with efforts to honor POWS, MIAs - 0
- Lions Club blood drive draws on spirit of giving - 0
- Last Week's Rare Bird Alert - 0
- Murder suspect fit for trial? - 2
'Interview' buzz spreads to NH
Murder suspect fit for trial?
Pipeline push gets a second wind
- 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