Quote:
Originally Posted by Alumiyum
"It was easier".
Dumb bitch. I would be beyond pissed if the money I paid to my chapter were used for an adviser's landscaping and manicures.
ETA: How do you "lose track" of the fact that you've taken $100,000+?
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It is frighteningly simple. During my time as chapter advisor there was a time when alumni poured in substantial funds to improve chapter conditions. This offer was extended contingent upon a trusted alumnus, me in this case, having control of the chapter's checkbooks for six months.
If I had been so inclined, I could have easily stolen six figures in that time with noone the wiser before I was long gone.
Granted this was a fraternity where there are generally fewer controls over operations than one finds in sororities, but at a school like Texas when you have a large sorority or fraternity with 150+ members paying dues and rent (with the rent usually paid to a housing corporation that already owns outright the chapter house)- the annual budget is larger than many small companies. We are talking an annual intake of funds that often exceeds $1,000,000.
Stealing a sizeable sum of money in such circumstances is quite possible unless there are many watchful eyes.