Auditor: Ousted community college head spent on himself
RALEIGH, N.C. (AP) — The former president of Cape Fear Community College in Wilmington spent nearly $36,000 in vending machine funds on personal expenses and nearly $3,000 extra to operate his leased car, a state audit released Tuesday said.
The report by state Auditor Beth Wood's office urges the college to consult attorneys about whether it should sue former President Ted Spring to recover misappropriated funds. The school's board of trustees said in a written response to the audit that they started that process last month.
Spring also spent $48,000 in unapproved pay raises, promotions and new positions for senior managers that should have had budget oversight by campus trustees, the report said.
