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Ex-SNHU college budget manager charged with theft

New Hampshire’s attorney general said a former budget director at Southern New Hampshire University will be sentenced on two felony counts of siphoning college funds to pay personal debts.

Officials said Raymond Prouty waived indictment and will enter pleas Feb. 25 to felony counts of theft by deception and theft by unauthorized taking.

Authorities said one scheme ran from 1998 to January 2012. The other, Attorney General Joe Foster said, ran from 2009 to 2012 and involved Prouty making payments he said were for sports officials at the college but instead depositing funds into a dummy company he created and controlled.

Officials said they are not disclosing the total sums taken or other details of the alleged schemes until the sentencing hearing. The total does exceed the minimum $1,500 to warrant a felony charge.

Prouty’s lawyer, Michael Ramsdell, said Prouty has cooperated with investigators.

“Mr. Prouty has provided records, consented to interviews and he will be appearing in court on the 25th to answer to the complaints,” Ramsdell said.

Ramsdell declined to comment on the charges themselves.

Prosecutors said that in September 2009, Prouty created a company called Only the Best OPS and was making payments from SNHU into it, ostensibly to pay officials for SNHU sporting events. Instead, he paid off personal debts, Foster said in a statement.

In the scheme that dates to 1998, prosecutors said Prouty took control of money owned by the university, but don’t say how this scheme was carried out.

Legacy Comments3

Ex-Proff: You need to let this go. It is clouding your judgement. Every university in the country uses adjunct, part time faculty, and most pay less per course than that. Offering health and retirement benefits to part time workers is fantasy land. Wishing them bankruptcy, financial ruin and decay, does not say much for your choice of universities to work at. It does, however, speak volumes about their decision to let you go. I'm guessing your students were not shedding any tears with your departure.

That's funny. A professor who teaches 3 classes a semester with the summer off calling someone else part time. It's time the state adds up the hours a professor spends in class and deems them part time.

However much Prouty stole, it pales in comparison to the value stolen every day by the university from its adjunct faculty. SNHU's business is booming because it exploits its workers, just as the 19th century mill bosses used to do in their red brick textile factories --one of which, ironically, currently houses SNHU online. I was on SNHU's adjunct faculty for four years. Adjuncts are paid $2,400 per class (capped at 3 per semester), making a total of $14,400 per year. We have no contractual rights --only something called an employment agreement. We have no health or retirement benefits. When I attempted to bargain for better pay, I was told if I didn't like it, then go somewhere else. Shame on SNHU for building their business on the backs of adjunct faculty like me! I hope that miserable diploma-mill meets the same fate as those textile mills along the Merrimack River: bankruptcy, financial ruin and decay.

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