Defunct For-Profit ITT’s Former Execs Settle Fraud ChargeJuly 12, 2018 | :
by Nikki Wentling
Former top executives at ITT Educational Services, the parent company of defunct ITT Technical Institute, have settled fraud charges with the Securities and Exchange Commission, avoiding a trial that was slated to begin Monday.
A judgment order entered Friday puts to rest civil fraud charges filed in 2015 against former ITT Chief Executive Kevin Modany and former Chief Financial Officer Daniel Fitzpatrick. The charges accused them of deceiving investors about high rates of late payments and defaults on student loans backed by the company.
Manager of Adult Learners and Veterans Affairs
Volunteer State Community College
Career Development/Veterans Affairs Counselor
Massasoit Community College
Veterans Services Center Manager (Categorical)
South Orange County Community College District
Veterans Center Coordinator (Academic Coordinator)
Bunker Hill Community College