Former Yale ADMINISTRATOR STOLE $40 MILLION, pretending to buy computer equipment for the university. Instead, she bought a fleet of luxury cars, and several houses
By Lukas I. Alpert
A former administrator at the Yale University School of Medicine has pleaded guilty to stealing $40 million from the school in a nearly decade-long computer and electronics purchasing fraud.
Federal prosecutors say Jamie Petrone, 42, used the money to buy a fleet of luxury cars including Mercedes, Land Rovers and Cadillac Escalades, numerous properties in several states and to pay for lavish trips.
She pleaded guilty on Monday to wire fraud and filing false tax...