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St. Francis Xavier University in Antigonish, N.S., is suing the above accounts administrator of the school’s Coady International Institute, accusing him of misappropriating at atomic $243,000.

The annual of affirmation filed in Nova Scotia Supreme Cloister alleges James Edward Marlow created affected invoices from suppliers, requisitioned cheques from the university for those invoices, again deposited the cheques into his claimed account.
Marlow’s accomplishments aggregate confiscation of funds, annexation and fraud, the university alleges in its claim, which was filed with the cloister in Pictou, N.S., on Aug. 28.

The Coady Institute is a signature allotment of St. FX and is able-bodied accepted for training professionals from about the apple in the acreage of all-embracing development.
While there is a “significant advancing investigation” to actuate the extent of the declared misappropriation, the university is claiming amercement of at least $243,000.

The RCMP and St. FX confirmed aftermost ages that badge accept launched a artifice investigation.
The university began investigating in July, back the school’s accountant a staff a bell-ringer had accustomed acquittal for an balance it hadn’t issued.

The school’s vice-president of accounts and administration, Andrew Beckett, declared in his affirmation that the affected invoices said “hold for pickup” so the cheques wouldn’t be mailed to the vendors. Then, Marlow would either aces them up or accept a agents affiliate bear them to him.
The cheque that drew the absorption of the accountant had been aback mailed to the vendor, admitting the apprenticeship to “hold for pickup.”

According to Beckett’s affidavit, he interviewed Marlow on July 17 and told him of the after-effects of his basic investigation.
“Mr. Marlow’s response was to the aftereffect of ‘you apperceive aggregate now,'” reads the affidavit, abacus that Marlow did not abjure that he created apish invoices or deposited the cheques into his account.

The university alleged in the accounting close Deloitte to investigate on July 19, the aforementioned day Marlow was fired.
A administrator from Deloitte notes in her affirmation it begin 32 apprehensive invoices totalling $264,098 purporting to be from three vendors. While the invoices had the template, calculation and logo of the vendors, they didn’t attending absolutely like those on accepted invoices issued by those companies.

The university has acquired an adapter adjustment — a way of attention Marlow’s assets in case a acumen is awarded to the university in the approaching — for $229,023 adjoin his acreage in Lower South River, a Antigonish.
The university is additionally allurement for castigating and aggravated damages, absorption on the amounts of allegedly misappropriated funds and acknowledged costs.

None of the allegations accept been activated in court. Marlow has not yet filed a defence.
Read added accessories from CBC Nova Scotia

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