- Associated Press - Friday, November 6, 2015

ALBANY, N.Y. (AP) - A 39-year-old New Jersey man is headed to prison for stealing $238,000 from an upstate New York nonprofit organization.

Ian Finn of Summit, New Jersey, was sentenced Wednesday in federal court in Albany to 21 months for wire fraud. He also was ordered to pay restitution of the entire $238,000 and will undergo three years of supervision after his release from prison.

Finn admitted that while serving as the elected corporate treasurer on the board of directors for Rensselaer Acacia Corporation, he stole the money from the organization’s accounts for his personal use. Finn attempted to cover up the theft by making misrepresentations to the board of directors over several years.

The corporation is a charitable organization that holds assets for the Acacia Fraternity at Rensselaer Polytechnic Institute.

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