Iona College has issues the following statement:
It is our understanding that Iona College’s former chief financial officer plead guilty today to federal fraud charges. As we have previously stated, the College took all proper actions in this situation when it was discovered almost two years ago and the majority of the missing funds were recovered. New procedures are in place to safeguard against a similar situation.
The court decided today to seek additional information from the individual and to proceed with the sentencing phase at a later date.Read more
Marie E. Thornton, 63, pled guilty to embezzlement from an organization that receives federal funds, Preet Bharara, the United States Attorney for the Southern District of New York, announced today. The conviction carries a maximum sentence of ten years in prison and a maximum fine of $250,000, or twice the gross gain or loss from the offense. The Information also seeks forfeiture of all proceeds of the offense. Thornton is scheduled to be sentenced before the Honorable Kimba M. Wood on May 13, 2011.
Thornton, the former Vice President of Finance for Iona College, pled guilty today for embezzling more than $850,000 from the college. Thornton pled guilty before U.S. Magistrate Judge Kevin N. Fox.
Manhattan U.S. Attorney Preet Bharara said: "This is a classic case of the fox guarding the hen house. Marie Thornton was entrusted with the financial well-being of Iona College, but instead, she abused her access to cook the books and line her own pockets."Read more
The past two Board of education meetings have been dominated by public speakers on the sole issue of out of district busing for student enrolled in private schools, primarily to the SAR Academy in Riverdale, NY and The French American School in Larchmont, NY. Both schools are wonderful and are highly respected institutions and many New Rochelle residents would love to send their children there, but…and this is where it gets interesting, tuition at both this institutions cost over $21,000 per student per academic year. The SAR Academy’s tuition for K-8 is an astonishing $21,300, plus a $4,000 building fund per family per year. The French American School’s tuition for k-8 is a whopping $21,400 - $23,420 (depending on grade), plus an additional $2,000 per student per year for ESL.
Now, if you can afford to send your children to any of these schools, you make more than enough to pay for busing your child to and from your home to the school. For that tuition, the school should include busing for those that need it.Read more
New Rochelle Board of Education is having yet another Budget Meeting at New Rochelle High School Library @ 7PM. Not sure of the specifics on the agenda, but it seems as if they will discuss program cuts, especially within our elementary schools. And of course, music & arts, which children need in their elementary development stages, may be on the chopping block. Funny how a City which claims to be so pro the arts, places the arts on the chopping block so quickly. There are many studies out there that show the vital importance of the arts in the elementary level and there are hundreds of children that participate within these programs throughout our district. Music and art are proven programs that reflect higher grades in those students that participate within the programs then those students who are not. By cutting the music and arts programs in the elementary schools, the Board of Education will be choking the middle and high school music and art programs in the near future. This will lead to more future layoffs due to enrollment and the death of a now vibrant program. The elementary music & art programs have seen positive growth over the last ten years.Read more
Organisciak and the rest of the school board are out of their minds. And don’t think that they didn’t have their hand in the sudden “technical interruption” that surprisingly cut-off live streaming while one of New Rochelle’s residents was giving it to them good.
But everyone shouldn’t be surprised as the Board of Education always tries to censor taxpayers.
This meeting was a strange one. Surprisingly the main issue was about busing, how ridicules. It’s really not about busing; it’s about necessary budget cuts vs. unnecessary budget cuts.
Why is it necessary that supervisors get salary increases?
Why is it necessary that supervisors & department heads have unlimited expense budgets?
Why is it necessary that executives & supervisors are assigned city vehicles?
Why is it necessary that the Board of Education continues paying overtime to maintenance employees?Read more
NEW ROCHELLE, NY - The Iona College men's basketball team clinched the No. 2 seed in next weekend's Spark Energy MAAC Championship with a 74-69 win over first place Fairfield in Metro Atlantic Athletic Conference action at the Hynes Center. A capacity crowd saw the Gaels (20-10, 13-5 MAAC) hold off the Stags (23-6, 15-3 MAAC) on Senior Day.Read more
BETHPAGE, NY, February 25, 2011–– The Student Lens, MSG Varsity’s monthly series devoted to student-generated content, returns this week with a wide sampling of videos created, produced, written and edited by high school students from across the tri-state area that are innovative, fun and
informative. Hosted by actor and filmmaker Yang Miller, the new episode of The Student Lens debuted on Tuesday, February 22 at 7:30 p.m. on MSG Varsity, Cablevision’s iO TV (Channel 14).
The Student Lens will also re-air on MSG Varsity February 26 at 11:00 a.m. and February 27 at 5:00 p.m. and 10 p.m.
Among the features in the new episode are original productions from students at Bay Shore HS (Bay Shore, NY), Bernards HS (Bernardsville, NJ), Communications HS (Wall, NJ ), Iona Prep (New Rochelle, NY), Roosevelt HS (Roosevelt, NY) St. Dominic (Oyster Bay, NY), Oceanside HS (Oceanside, NY), Pequannock HS (Pequannock, NJ) Sacred Heart Academy (West Hempstead, NY), and West Milford HS (West Milford, NJ).Read more
JERSEY CITY, NJ - The Iona College men's basketball team won its sixth straight game in a 73-59 win over Saint Peter's in Metro Atlantic Athletic Conference play at the Yanitelli Center. The Gaels (19-10, 12-5 MAAC) maintained their second place standing and are tied with Rider entering the final regular season contest on Sunday.
The offensive-minded Iona squad used a solid defensive effort and a 54-34 rebounding advantage to defeat the Peacocks (17-12, 11-6 MAAC). The rebounding total was the highest since the squad recorded 51 vs. Sacred Heart on Nov. 15, 2006 in the NIT Season Tipoff. It was also the second highest single-game total in the last 10 seasons for the Gaels. Senior Alejo Rodriguez (New York, NY) and junior Mike Glover (Bronx, NY) led the charge on the boards with 13 and 11 rebounds respectively. They combined for nine of Iona's season-best 20 offensive caroms.Read more