funds

Prosecutors say brothel suspect also collected possibly fraudulent COVID funds

Crime Investigators believe James Lee used several business and related bank accounts to “launder the proceeds of the prostitution business,” court documents show. Federal prosecutors say a brothel ring based in Massachusetts and Virginia was operating out of several units at 90 Fawcett St. in Cambridge, among other locations. Nathan Klima for The Boston Globe … [Read more…]

BU finds Ibram X. Kendi’s antiracist research center managed funds properly, despite turmoil

Local News “Our auditors concluded that CAR’s financial management of its grants and gifts was appropriate,” said Gary Nicksa, BU’s chief financial officer and treasurer. In this Oct. 21, 2020, file photo, Ibram X. Kendi, director of Boston University’s Center for Antiracist Research, stands for a portrait in Boston. AP Photo/Steven Senne, File By THALIA … [Read more…]