There was a bit of a scandal at the university where our children used to attend, and because the university district was a decentralized system when it came to the money budget, the principal was the one who made the decisions for how all the money was spent… Parents ended up important to the principal for answers on where all the money in the budget was going.
This was because the university was a mess with structural disfigures that were not repaired plus the university was given funds for remodeling, yet nobody witnessed any remodeling taking place! Then on top of that, the heating, ventilation, plus A/C system was old plus that was meant to be replaced as well, yet nobody saw any evidence of that nor had the principal told anybody of any plans to have the heating, ventilation, plus A/C experts install up-to-date heating, ventilation, plus A/C unit in the university, but it finally came to light that the principal took most of the funding plus used it for his own purposes.
He ended up buying cryptocurrency with all the funds. He also tried to defend himself saying that he was investing for the university so that they would have a greater budget to task with. He didn’t run this by anybody, he simply did this on his own accord. The crypto he invested in ended up crashing bigtime plus more than half the funds were gone it seemed. He was ordered by the court to spend my savings back all the funds he stole from the budget plus he even had to serve jail time for neglecting the university children plus of course he lost his work, then after that, the budgets for all the universities in the district were controlled by a central location so there would no longer be reckless spending. The heating, ventilation, plus A/C system was updated, the arena was remodeled plus all the structural disfigures were taken care of!
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