Ex-Southern Vermont College president accused of embezzlement commits suicide

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Dive Summary:

  • Police responding to a report of a missing person found James Beckwith, the former chief financial officer and one-time acting president of Southern Vermont College, dead from a self-inflicted gunshot wound in his home Wednesday.
  • Beckwith, 58, was accused of embezzling $440,000 from the college.
  • Beckwith left the school Feb. 3 after being confronted about suspicious financial transactions, and had served until January as the college's acting president while its full-time president, Karen Gross, took a yearlong leave of absence to serve as a senior policy adviser at the U.S. Education Department.

From the article:

The former chief financial officer and onetime acting president of Southern Vermont College was found dead at his home Wednesday amid allegations he embezzled at least $440,000 from the Bennington school, Vermont State Police said Thursday. ...

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Topic: Higher Ed