MUNCIE, Ind. (AP)
— A former federal prosecutor is being hired by Ball State University to
review the handling of fraudulent investments that cost the school $13.1
Ball State Board
of Trustees chairman Rick Hall says Indianapolis attorney Deborah Daniels
will scrutinize what happened with the investments and recommend any
actions the university should take to prevent future problems. Daniels is
a former U.S. attorney for the southern district of Indiana.
Hall tells The
Star Press that goals of the review include prosecution of all guilty
parties and recovery of the lost money.
officials say a Ball State employee mischaracterized to her supervisors
one of the investment and was fired in 2008. Two out-of-state men have
already been sentenced to prison for their roles in the schemes.