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    Tuesday, July 02, 2024

    Former Yale administrator charged in computer thefts worth millions

    NEW HAVEN (AP) — A former Yale University administrator faces federal fraud and money laundering charges related to the theft of millions of dollars in computer equipment from the university's medical school.

    The 41-year-old woman served in various positions at the school, including director of finance for the Department of Emergency Medicine.

    Prosecutors allege that beginning in 2013, the woman ran a scheme that involved ordering millions of dollars in computer hardware from Yale vendors, then shipping the equipment to an out-of-state business in exchange for money.

    The woman, identified as Jamie Petrone-Codrington of Naugatuck, who was authorized to make purchases below $10,000 for the school without additional approval, falsified forms to make it look like the equipment was needed for projects at the medical school, prosecutors said.

    Prosecutors said the out-of-state business then resold the computer hardware to customers and paid the woman by wiring funds into an account of a company in which she is a principal.

    The former administrator pleaded not guilty Friday in U.S. District Court to mail fraud, wire fraud and money laundering and was freed after posting a $1 million bond.

    Yale issued a statement saying the woman is no longer employed at the university, which is "working to identify and correct gaps in its internal financial controls.”

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