According to an article in the Daily, "$770,000 in fraudulent payments was received by Stanford’s sailing program as part of Singer’s scam" and that it included on $500K donation.
That's a whole ton of money for any sailing program in total, and a single donation of $500K out of the blue should have raised all kinds of red flags.
Either people at the AD were grossly negligent or they were involved.
That's a whole ton of money for any sailing program in total, and a single donation of $500K out of the blue should have raised all kinds of red flags.
Either people at the AD were grossly negligent or they were involved.