College of DuPage (ECWd) –
From the Washington Times:
Warning: Parents being crushed by the ever-rising tuition bills might want to stop reading right now.
The second-largest college in Illinois has been rocked by a financial scandal caused by shady bookkeeping and a litany of questionable purchases, including a pricey shooting club membership for the school’s president, and hundreds of thousands of dollars in alcohol purchases accounted for in the books as an “instructional supply.”
The College of DuPage managed to hide more than $95 million in expenditures on more than 82,600 transactions since 2009 thanks to a peculiar type of accounting that allowed for thousands of purchases to be lumped together into one line item, according to data uncovered by American Transparency’s OpenTheBooks.com, an online portal aggregating 1.3 billion lines of federal, state and local spending.
