Tuesday, May 11, 2010

A small, for-profit college in DeLand

Angley College, a small, for-profit college in DeLand, has been unable to pay some employees for work as far back as February, and the college's owner is blaming the former president for the financial problems.

About half of the school's work force of 100 at the start of the year has left. New student recruiting is down about 80 percent, Joseph Angley says, claiming many of the college's problems date to the hiring of Raymond Nunziata Jr. as president and chief executive officer in June 2008.

Nunziata, who was fired in October 2009, is the defendant in a civil lawsuit filed last month by Angley College in circuit court. In the suit, Angley alleges Nunziata spent more than $500,000 on raises and bonuses for himself and other workers, unauthorized car and mortgage payments, worthless computer purchases from a company he co-owned and deficient construction work he awarded to a friend and business partner.

As a consequence, college vendors are owed more than $400,000. Nunziata had assured the board those bills had been paid, the lawsuit contends. Nunziata could not be reached for comment.

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