Former SNHU budget manager charged with theft

Updated:

CONCORD, N.H. (AP) - New Hampshire's Attorney General says a former budget director at Southern New Hampshire University will be sentenced on two felony counts of siphoning college funds to pay personal debts.

Officials say Raymond Prouty waived indictment and will enter pleas Feb. 25 to felony counts of theft by deception and theft by unauthorized taking.

Authorities say one scheme ran from 1998 to January 2012. The other, Foster says, ran from 2009 to 2012 and involved Prouty making payments he said were for sports officials at the college but depositing funds into a dummy company he created and controlled.

University officials told the Union Leader Prouty has already paid back most of the $1.15 million to the school as part of a plea deal he reached with the attorney general's office. He has agreed to pay the entire amount back.

His lawyer says Prouty has cooperated with investigators.