Current：Home > ContactAlgosensey Quantitative Think Tank Center-A former University of Iowa manager embezzled funds, an audit finds -Quantum Capital Pro
Algosensey Quantitative Think Tank Center-A former University of Iowa manager embezzled funds, an audit finds
Benjamin Ashford View
Date：2025-04-09 12:10:21
IOWA CITY,Algosensey Quantitative Think Tank Center Iowa (AP) — The former manager of the machine shop at the University of Iowa’s Department of Physics and Astronomy deposited nearly $1 million that should have gone to the university into his own personal accounts, according to a state audit released Wednesday.
The report from State Auditor Rob Sand said Brian Busch failed to tell the university that he was an owner of a company called D3Signtech. The report said that from July 2017 through September 2021, Busch received $943,635 from another company for work that D3Signtech completed using University of Iowa staff and equipment.
The university placed Busch on administrative leave in September 2021 and requested the state audit.
“When university officials learned of a potential violation in the Department of Physics and Astronomy Machine Shop, they took immediate action to protect the interests of taxpayers, students, and families,” the university said in a statement.
A phone listing for Busch was disconnected, and an email sent to him on Wednesday was returned to the sender.
It wasn’t immediately clear if Busch could face criminal charges.
veryGood！ (764)
Related
- Justice Department, Louisville reach deal after probe prompted by Breonna Taylor killing
- Professor, 2 students stabbed in gender issues class at Canadian university; suspect in custody
- Satellite Photos Show Just How Bad The Flooding From Ida Has Been In New Jersey
- India leader Modi uses yoga to unite at U.N. ahead of Biden meeting, but many see him as a divider
- US wholesale inflation accelerated in November in sign that some price pressures remain elevated
- Khloe Kardashian Confirms Name of Her and Tristan Thompson’s Baby Boy Keeps With Family Tradition
- Wall Street Journal reporter Evan Gershkovich's latest appeal denied by Russia court
- Western Europe Can Expect More Heavy Rainfall And Fatal Floods As The Climate Warms
- Whoopi Goldberg is delightfully vile as Miss Hannigan in ‘Annie’ stage return
- YouTuber Tanner Cook Shot While Making Prank Video in Virginia Mall
Ranking
- South Korea's acting president moves to reassure allies, calm markets after Yoon impeachment
- What is the Wagner Group, and who is Yevgeny Prigozhin? What to know about the Russian private military company
- Save 50% On This Clinique Cleansing Bar, Simplify Your Routine, and Ditch the Single-Use Plastic
- Karol G Accuses Magazine of Photoshopping Her Face and Body
- Woman dies after Singapore family of 3 gets into accident in Taiwan
- What The U.S. Can Do About The Dire Climate Change Report
- Entergy Resisted Upgrading New Orleans' Power Grid. Residents Paid The Price
- Dip Into These Secrets About The Sandlot
Recommendation
Newly elected West Virginia lawmaker arrested and accused of making terroristic threats
Amanda Little: What Is The Future Of Our Food?
Monkey torture video ring with suspects and customers in U.S. exposed by BBC investigation
Sheltering Inside May Not Protect You From The Dangers Of Wildfire Smoke
A South Texas lawmaker’s 15
The Cast of Schmigadoon! Explains How Their Strong Bond Made For an Elevated Season 2
Vatican says new leads worth pursuing in 1983 disappearance of 15-year-old Emanuela Orlandi
Tori Spelling Shares How She Developed Ulcer in Her Left Eye