Kappa Alpha Psi Member Fired for Embezzling More Than $1 Million
Style Magazine Newswire | 3/6/2020, 8:38 a.m.
According to Philadelphia Magazine, Kappa Alpha Psi fraternity member and former finance director, Curtis Anderson has been caught in a financial scandal after admitting that he embezzled over $1 million funds. Anderson, who served as a finance director at the fraternity’s international headquarters in Philadelphia for 20 years, was fired three days after admitting to his fraudulent activities. Investigations from agencies such as the Secret Service and FBI found that that Anderson had been embezzling money for over a year. Anderson cashed checks for almost $400,000 from the fraternity’s Santander bank account and at least $978,000 from the fraternity’s Wells Fargo account. Suspicions arose when Santander Bank contacted John Burrell, the fraternity’s executive director about “suspicious activity.” Once Burrell received the notice, he and Thomas Battles, the fraternity’s national president visited the bank to address the issues. While there, Anderson walked through the bank’s door, unaware the two would be there.
