Laundering Money Just Ain’t What it Used to Be…

Posted by J. Catapano , Oct, 2009 @ 15:18

Years ago, it was so much easier to clear a paper trail of checks and money exchanges, but now it’s just so difficult! And, even when you just shrug your shoulders and say, ‘Hey, I don’t know what happened to all that money, I was just doing what I was supposed to do!’ you’ll probably get caught anyway. That’s what happened to Jorge Gilbert over at Evergreen State University when he collected in the neighborhood of $50,000 from students for a number of study abroad trips to Chile. He somehow ‘misplaced’ the money over the course of 4 years and only now is being questioned about it. It seems that Gilbert thought this was perhaps 1930 and it’d all be hearsay if someone talked about missing money. But, now that an audit was put out on the trips, the university has got the screws on him. All he has said so far is that he ‘can’t account’ for the money. Though, my guess is that he most certainly can and that it’s sitting in a Cayman Island account somewhere. The good news is that the students will be refunded at the university’s expense. I’m sure they’ll find some dirt on this sleazebag and get their money back, but until then, Evergreen State just wants to keep their students happy. And who can blame them?

Tags: bankrupt, bankruptcy, Chile, Evergreen State University, hostels, Jorge Gilbert, laundering, money, refunds, stealing money, study abroad, taking money