Rio Hondo College Newspaper

El Paisano

UCLA finance official arrested for embezzlement

Danielle Anzures, Staff Writer

A UCLA finance official was arrested earlier this month and charged with embezzling tens of thousands from City University of New York, as reported by the Los Angeles Times. Between 2008 and 2012 Carmine Marino allegedly misappropriated $81,000 from a tuition account at the school and transferred it to two accounts that he had control over.

Marino was released from jail a on $50,000 bail after making an appearance in court April 7. Marino’s lawyer, David Smith, had this to say, “We are actively reviewing the charges and intend to vigorously defend against them.”

Marino worked at the university from 2007 to May of 2012, and later he worked at the university’s City College. According to investigators, Marino was fired after the university discovered some of the transactions, but later withdrew his termination and allowed him to resign.

“When misconduct was first discovered by CUNY, the university brought internal charges that resulted in Marino losing his position,” Vice Chancellor for Legal Affairs Jane Sovern said in an email statement according to the Los Angeles Times. “When an additional improper account was discovered in an audit, the information was referred to law enforcement.”

When Marino began working for UCLA he was earning $145,908 a year as a senior director of business and finance service, according to UCLA spokeswoman Kathryn Kranhold. The university was unaware of the previous allegations when they hired him. As of now, Marino is on paid leave as UCLA conducts an internal review of his time there, according to Kranhold.

A report in November from the New York state inspector general stated that systemic failures made it possible for the incident to happen. “This arrest involving federal fraud and embezzlement charges against a former top university official underscores CUNY’s lack of supervision and appropriate controls, which unfortunately has been a consistent theme in my investigation of the CUNY system,” New York State Inspector General Catherine Leahy Scott said in a statement.

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Rio Hondo College Newspaper
UCLA finance official arrested for embezzlement