USA Swimming places CFO on leave after learning of arrest for embezzlement while working at CU
COLORADO SPRINGS, Colo. (AP) — USA Swimming placed its chief financial officer, Cory Hilliard, on leave Monday after learning of his arrest on charges of theft and embezzlement at his previous job as an administrator in the University of Colorado athletic department. The district attorney’s office in Boulder said Hilliard is accused of misappropriating funds from the school’s…
Colorado Springs, Colorado - USA Swimming's CFO, Cory Hilliard, was placed on leave on Monday following his arrest for theft and embezzlement at his previous role as an administrator at the University of Colorado, according to the district attorney's office in Boulder. Hilliard is accused of misappropriating funds from the school's Nike Elite program for personal use, resulting in a loss of $9,510 to the school.
The organization learned of his arrest on Monday and immediately placed Hilliard on leave, terminating all access to company data and financial controls. USA Swimming is conducting its own investigation into the matter.
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