Montgomery College sustained a “financial loss” after falling victim to a fraud scheme, the school announced Thursday afternoon.
College and law enforcement officials were mum on details Thursday, but said the incident will not interrupt student activities or operations at the college.
Officials did not specify what happened or disclose how much money was lost. A news release from the college said the crime occurred “earlier this month,” but Marcus Rosano, director of media relations for the college, declined to give a specific date.
Rosano said preliminary investigations show no student or employee data were compromised.
The college’s news release said local authorities and investigators at the Baltimore Field Office of the Federal Bureau of Investigation are investigating...
http://mcnews.montgomerycollege.edu/mc-experts/
ReplyDeleteIt seems that they failed to consult with their own resident scholars.
https://www.montgomerycollege.edu/about-mc/mission-values.html
ReplyDeleteOUR MISSION: We empower our students to change their lives,
and we enrich the life of our community.
We are accountable for our results.
https://bethesdamagazine.com/bethesda-beat/police-fire/no-updates-on-montgomery-college-fraud-scheme-investigation/
ReplyDeleteWhy the secrecy, when MoCo Taxpayers are saddled with the costs?
That's what voters want. They don't want accountability or transparency in government. They want public officials to be able to spend tax dollars without thought. The MCPS credit card bill just DOUBLED to $16 million+ and no one will say a word about that. That money went to administrators' dinners, trips, cars and who knows what. That's what voters support. Lots of cash for public school administrators and public community college administrators.
DeleteAre you insinuating that the votes are a herd of lemmings?
DeleteThey must be in the 'Dog chasing its tail' mode.
ReplyDelete“Montgomery College is a public, open admissions community college with campuses in Germantown, Rockville, and Takoma Park/Silver Spring, plus workforce development/continuing education centers and off-site programs throughout Montgomery County, Md. The College serves nearly 60,000 students a year, through both credit and noncredit programs, in more than 130 areas of study.”
DeleteHere they state that they have a least G 7,500 + R 15,000 + T 7,800 = 30,030 students
Deletehttps://www.montgomerycollege.edu/about-mc/campuses-and-locations/index.html
But, here they state that they have over 60,000 students.
http://mcnews.montgomerycollege.edu/contact-us/
They certainly are not shy about their intellectual capital:
Deletehttp://mcnews.montgomerycollege.edu/mc-experts/
And there have been quite a few new buildings at all three campuses.
So it would be an interesting blog topic.
Pulling numbers out of the air?
Deletehttp://i.makeagif.com/media/3-11-2014/Hdhsw2.gif
Corrected information about Montgomery College enrollment. They count non-credit students, clubs whatever, but in fact they only have around 21,000 undergraduate students. This blog posted that information: https://parentscoalitionmc.blogspot.com/2019/04/montgomery-college-enrollment-dropping.html
Deletehttps://bethesdamagazine.com/bethesda-beat/police-fire/no-updates-on-montgomery-college-fraud-scheme-investigation/
ReplyDeleteMarcus Rosano said, “We have had no further updates from the FBI. As of this moment, it’s still an open investigation.”
https://bethesdamagazine.com/bethesda-beat/schools/1-2-million-donation-funds-new-finance-lab-at-montgomery-college/
ReplyDelete“The lab will provide hands-on experience for students to learn about the stock market, business and accounting.”
But, will it prevent falling victim to a future fraud scheme?
http://mcnews.montgomerycollege.edu/2020/02/macklin-foundation-makes-1-22-million-donation-to-montgomery-college-to-fund-new-gordon-and-marilyn-macklin-business-institute-finance-lab/
ReplyDelete”…The Lab will also empower our faculty with high-tech teaching tools, thus amplifying their capacity to train the next generation of diverse, talented business leaders.”
"Federal Bureau of Investigation are investigating..." That's one long investigation.
ReplyDeleteWith all classes going online, let's hope that they have mitigated their vulnerabilities by now.
ReplyDeletehttps://bethesdamagazine.com/bethesda-beat/schools/investigation-into-fraud-scheme-at-montgomery-college-continues/
ReplyDeleteThe mystery lingers, meanwhile MoCo wasted no time mailing out this year's property tax bill.
Montgomery College receives over 50% of its operating budget from the county.
https://mcnews.montgomerycollege.edu/2021/01/montgomery-college-ranked-in-top-100-community-college/
ReplyDeleteOur very own Montgomery Community College
Bursting at the seams with pride and knowledge
Has Ranked on the top one hundred for its ROI
Thanks to the ample property taxes of you and I.
It Does Not Compute: https://youtu.be/ZBAijg5Betw
ReplyDeletehttps://bethesdamagazine.com/bethesda-beat/schools/montgomery-college-building-named-in-honor-of-outgoing-president/