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Lawsuit: ORU Leaders Stole $1B a Year

Dodgy account used to defraud IRS, renovate ex-president's home

By Katherine Thompson,  Newser Staff

Posted Feb 8, 2008 9:06 AM CST

(Newser) – Oral Roberts University leaders funneled $1 billion a year from the books for their personal use, a former accountant alleges in a lawsuit. The charges are the latest accusations of financial misdeeds to hit the college, the AP reports. The suit names former president Richard...   Read full story »

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