JSU foundation cancels credit cards after audit

JACKSON, Miss. (AP) – Jackson State University’s development foundation canceled all of its credit cards after an independent accountant found thousands of dollars in questionable, unapproved or undocumented purchases.

The Clarion-Ledger in Jackson (http://on.thec-l.com/1ZYFpcL )  obtained a copy of the accountant’s report, showing JSU’s former Vice President of Institutional Advancement, David Hoard, spent almost $24,000 from the university’s development foundation at casinos and on personal items, including cigarettes, meals, movie tickets, travel and utilities.

Hoard did not return the Clarion-Ledger’s requests for comment. The newspaper reports that Hoard reimbursed the foundation for charges flagged as questionable in December 2014, when the report was privately released to the nonprofit foundation and the state College Board. University records show Hoard was fired from JSU in August 2014.

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