Probe of ex-finance director's alleged embezzlement launched

PROVIDENCE, R.I. (AP) - Rhode Island State Police has launched an investigation into the alleged embezzlement of hundreds of thousands of dollars from The Providence Plan by ex-finance director Charles Denno.

Maj. Joseph Philbin tells The Providence Journal (https://bit.ly/2aMTB8L ) that the probe began Tuesday following a request by the nonprofit after they terminated Denno last week.

Patrick McGuigan, The Providence Plan’s executive director, says Denno was fired after leadership received information it deemed credible regarding the alleged embezzlement. Denno had served as the organization’s director of finance and administration since 2009.

The Providence Plan provides data analysis for government agencies and community groups and also runs educational and job training initiatives. The nonprofit was founded 25 years ago and is supported by an annual budget of $8 million.

Denno declined to comment.

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Information from: The Providence Journal, https://www.providencejournal.com