Former Wyoming Catholic College CFO accused of $15 million fraud

Alawsuit filed in federal court in late June alleges that Paul McCown, the former chief financial officer at Wyoming Catholic College, defrauded an investment firm out of $15 million.

According to the suit, filed by New York-based advisory firm Ria R Squared, McCown is accused of faking bank statements that falsely said his bank account had more than $750 million.