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Showing posts with the label IU Dental School Gold Fraud

IU Dental School Employee Accused of Stealing $150k of Gold | IU Dental School Gold Fraud Case

 The Indiana University School of Dentistry has been rocked by a scandal involving a staff member accused of stealing gold meant for dental procedures. Michael Frazer, a 33-year-old purchasing agent at the school, has been charged with felony theft and fraud after allegedly stealing more than $150,000 worth of gold dental equipment. How the Scheme Unfolded Authorities revealed that Frazer, who was responsible for ordering supplies for the dental school, orchestrated a scheme to divert gold for personal gain. An internal audit first raised suspicions when discrepancies were found in purchase records, leading to an investigation by university officials and law enforcement. The findings indicated that Frazer had been acquiring gold intended for the school's dental labs but instead sold it to cash-for-gold businesses for personal profit. The Investigation and Arrest Once the irregularities were detected, officials at IU School of Dentistry alerted authorities, prompting a deeper p...