Posted Jan. 28, 2008 – An administrative assistant at historically Black Florida A&M University has been arrested on charges that she stole $55,344 from the campus, a university spokesman said announced last week.
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Teria Coverson, who had worked at the Tallahassee-based institution for the past five years, was charged with grand theft after an investigation that lasted more than three months.
Officials said that investigators had been looking into cash management problems at the university’s Pharmacy Clinics. FAMU's Division of Audit and Compliance noticed that many cash deposits were not the same amounts that the clinics actually received, the spokesman said. When police examined the discrepancies, Coverson was identified as the culprit who pilfered thousands of dollars worth of cash and checks, reported ABC 27 in Tallahassee .
"We have zero tolerance for this kind of behavior," FAMU President James Ammons said in a statement. "It is important that we have a system and process in place to make sure that we are able to uncover these kinds of discrepancies. We want to be accountable for every dollar."