University of Puerto Rico Finance Chief Resigns After Falling Victim To Scam

04/03/2013 01:46 pm ET

The head of finances at the University of Puerto Rico resigned after a scammer bilked the institution out of $150,000, UPR President Miguel Muñoz said Tuesday.

Edwin Reyes decided to leave the university because he felt "very responsible" for the outlay, which was done with three checks of $50,000 each, though payment was finally stopped when certain irregularities were discovered.

Muñoz, who met with the finance committee of the UPR Board of Trustees to analyze the matter, said that Reyes resigned of his own accord.

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