A state audit says employees at the N.C. School of the Arts in Winston-Salem mishandled nearly $1 million, The News & Observer in Raleigh reported Oct. 6.
While no criminal charges have been filed, abuses listed by the State Auditor’s Office include undocumented overtime pay, monthly payments for the lease of a Cadillac, a down-payment for the chancellor’s home and direction of money to secret accounts, which State Auditor Ralph Campbell compared to the Enron scandal, the N&O said.
Three school employees have resigned, including Joe Dickson, former vice chancellor for finance and administration, who was at the center of the investigation.
The school, which includes a high school, university and graduate school, is a campus of the University of North Carolina system.
Molly Broad, president of the UNC system, has given the school 90 days to make changes or face losing control over its budget.