Student reporter's good work leads to Kent State alum pulling $1m donation

[inthesuburbs]

http://jimromenesko.com/2012/01/10/kent-state-alum-pulls-1m-gift-after-student-paper-asks-questions/

Kent State University had plans to name its basketball court “Cope Court” during a ceremony before this Saturday’s game, in honor of alum Jason Cope, who gave $1 million to the school.

The event was called off, though, after the student newspaper’s enterprise reporter dug into Cope’s past. Doug Brown reported:

Cope was the branch manager of a financial firm that defrauded 190 investors of $8.7 million in late 1999 and early 2000. Cope was one of four defendants required to pay a total of more than $19 million in penalties, according to litigation from the Securities and Exchange Commission and court documents.

 

[LongTimeListener]

Instead the cheating fraud is going to buy the Cleveland Cavaliers.

Great work. And amazing that the donor didn't think his name would raise any suspicions whatsoever.

 

[Ace]

For the record, I would happily take a $1 million donation from a job creator.