TORONTO, March 20, 2014 /CNW/ - York University became aware of an
alleged fraud in October 2012 when a whistleblower came forward with
information about suspicious activity. The University immediately
contacted Toronto Police Service and we have co-operated with them
during the course of their investigation. We engaged an external firm
to conduct a forensic audit, the findings of which were provided to
The University successfully engaged in action to recover the monies
defrauded, plus costs.
York University takes its fiduciary responsibilities very seriously as
an institution entrusted with monies from our students and the public.
University Secretary and General Counsel
SOURCE: York University
For further information:
Joanne Rider, York University, 416 736 5593, email@example.com