Former IONA College Official Sentenced

Submitted by ub on Wed, 11/09/2011 - 17:19

Marie E. Thornton, the former vice president of finance at Iona College, Marie Thornton has been sentenced in Manhattan federal court to time served, along with and three years of supervision with 2,000 hours of community service.

The former VP plead guilty to embezzlement on March 9. U.S. in District of approximately $850,000 from the New Rochelle Catholic Institution for higher learning.

Thornton diverted funds belonging to Iona College for personal use by submitting invoices credit card bills for personal expenses to be paid by Iona College.

City Island Images contacted IONA College for an official statement. "Yesterday's court decision concludes a very unfortunate matter for all involved..

Founded in 1940, IONA is a private coeducational Christian Brothers college.