- FAMU interim president Dr. Timothy Beard and Chair of the Board of Trustees Kristin Harper presented their plan to prevent future fraudulent gifts.
- The $237 million gift announced in May was found to be caused by secrecy and pressure from university leadership to “not mess this up”.
- Watch now to hear FAMU leaders describe how the university moves forward.
BROADCAST TRANSCRIPT:
It’s been over a month since we learned the details of how Florida A&M University got the point of announcing a major gift that turned out to be a scam.
Wednesday, I watched as FAMU leadership talked next steps with the Florida Board of Governors.
I’m Alberto Camargo, your College Town neighborhood reporter, at FAMU.
I’m taking you through what I learned.
“It is a sad chapter in the history of FAMU, and it reflects poorly.”
Previously, I told you the external investigation into the fraudulent gift found that secrecy, pressure from leaders and a lack of doing the homework on Gregory Gerami led to the announcement in May.